Southern
Corporate Bias Rating
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Risk Level:
Summary:
Southern Power Company scored a 100 out of 100 on the 2023-2024 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Southern Power Company 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 employee recruitment, vendor selection, marketing, and philanthropic support. Southern Power Company 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 highlights its unconscious and inclusive bias training required for all employees. Southern Company’s CEO is a member of the Business Roundtable and signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders. The company commits to being an "anti-racist" company. Southern company’s former CEO, Tom Fanning, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. 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. Souther Company has lobbied for ideological purposes. For these reasons, Southern Company receives a High Risk rating.
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CEO of Southern
Chris Womack
Summary:
Headquartered in Atlanta, Georgia, Southern is a member of the Fortune 250 operating in the Energy industry. Chris Womack and Thomas A. Fanning serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $39,300 to Republican causes and $4,000 to Democratic causes. Under their tenure, Southern currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$39,300
$4,000
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/22/24 | Governance | John Chevedden | Simple Majority Vote | Against | 39.49% |
5/22/24 | Environmental | Mercy Investment Services | Disclose GHG Emissions Reductions Targets | Against | 9.27% |
5/24/23 | Environmental | As You Sow | Stockholder proposal regarding setting Scope 3 GHG targets | Against | 18.64% |
5/24/23 | Environmental | Mr. Steven J. Milloy | Stockholder proposal regarding issuing annual report on feasibility of reaching net zero | Against | 0.00% |
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% |