Schneider Electric
Corporate Bias Rating
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Risk Level:
Summary:
By complying with Human Rights Campaign’s controversial demands, Schneider Electric increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Schneider Electric forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Schneider's social impact initiatives maintain an ESG focus: the company has required unconscious bias training for all its employees, endorsed partisan climate plans in the United States, and pushed for stricter climate policy in Europe. The company is a corporate partner of the National LGBT Chamber of Commerce. For these reasons, Schneider Electric receives a High Risk rating.
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/4/23 | Environmental | Management | opinion on the company climate strategy | For | 95.75% |