Siemens

Germany
Software and Services, Technology Hardware and Equipment

Corporate Bias Rating

Expand Summary

Risk Level:

Rating - Danger
High Risk

Summary:

According to allegations from pro-Israel groups, Siemens has agreed to boycott Israel in an agreement it signed with the Turkish government in 2018. Siemens scored a 90 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, Siemens increases the risk of dividing employees, alienating customers and harming shareholders. The company provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. It also uses sex and gender ideology criteria in vendor selection, marketing, and philanthropic support. Siemens 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. The company supports the Equality Act and funds multiple LGBTQ organizations. Siemens is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Siemens receives a High Risk rating.

View Full Corporate Bias Ratings Report
Generate Reports
Clear
Toast