RTX

Raytheon, United Technologies, Collins Aerospace, Pratt & Whitney
Virginia
Capital Goods

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

RTX, formerly Raytheon Technologies, vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. RTX has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care" for its employees and their children. Raytheon is a platinum partner of the Human Rights Campaign (HRC) and pledged $25 million to racial justice organizations including the National Urban League and the Equal Justice Initiative. RTX CEO signed the CEO Action for Diversity & Inclusion pledge, and the company allegedly requires employees to participate in critical race theory training. Raytheon is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. RTX may discriminate against certain religious charities. For these reasons, RTX receives a High Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

In 2022, Raytheon Technologies company received a score of 100 on the Human Rights Campaign’s (HRC) Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1)(2). However, it has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

RTX’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender identity, thereby excluding some religious charities (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

RTX does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Raytheon’s CEO signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace (1)(2). The company’s CEO is also a member of the Business Roundtable, and former Raytheon CEO Thomas A. Kennedy signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (3)(4). There are multiple reports that Raytheon incorporates critical race theory into mandatory employee training (5)(6)(7).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Raytheon has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company is a platinum national corporate partner of the HRC (3). Raytheon pledged $25 million to racial justice causes, including the National Urban League and the Equal Justice Initiative (4)(5). United Technologies, which merged with Raytheon in 2020, made donations to Planned Parenthood through its employee charitable giving program (5). United Technologies was also a corporate partner of the NGLCC (6). Raytheon is a Gold sponsor of Out & Equal and a corporate partner of the National LGBT Chamber of Commerce (7)(8).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

RTX has not used its PAC contributions or lobbying for ideological purposes (1)(2)(3). The company PAC “is not funded using corporate dollars” and it “does not contribute corporate funds to federal, state, or local candidates” (4).

All links were last accessed and all information was updated on:
November 3, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/2/23GovernanceJohn CheveddenIndependent Board ChairAgainst43.10%
5/2/23EnvironmentalMinnesota Valley TrustGreenhouse Gas Reduction PlanAgainst37.80%
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