Corprate Bias Ratings
Southern Power Company, vets vendors according to LGBTQ policies and does not provide viewpoint protections for its employees. However, it 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. Southern Power has funded Planned Parenthood and donated $200 million to racial equity and social justice causes. The company requires its employees complete unconscious bias training and its CEO is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. However, it does not appear to discriminate against religious organizations in its charitable giving and has not used its political contributions for ideological purposes. For these reasons, Southern Power receives a Medium Risk rating.
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.
Southern Power 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, the company has not publicly terminated business relationships due to religious beliefs or political views.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Southern Company’s CEO is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (1)(2).The company’s Pride Month Spotlight advocates for LGBTQ causes and highlights its unconscious and inclusive bias training required for all employees (3). Southern Power commits to being an “anti-racist” company (4).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Southern Company 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 has donated to Planned Parenthood and donated $200 million to racial equity and social justice causes, including $50 million to a net zero carbon future (3)(4).
All links were last accessed and all information was updated on:
December 8, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|5/24/23||Governance||John Chevedden||Simple Majority Vote||Against||38.00%|
|5/24/23||Environmental||As You Sow||Set Scope 3 GHG Targets||Against||19.80%|
|5/24/23||Environmental||Steven Milloy||Annual Report on Feasibility of Reaching Net-zero Carbon Emissions||Against||0.00%|