Southern Company
Corporate Bias Rating
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Risk Level:
Summary:
Southern Power Company scored a 100 on the 2023 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 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. 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. Southern Power Company does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. 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 charitable organizations based on views or beliefs and has not used its political contributions for ideological purposes. For these reasons, Southern Power receives a High Risk rating.
Board Bias
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CEO of Southern Company
Chris Womack
Summary:
Headquartered in Atlanta, Georgia, Southern Company 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 Company currently holds a 'High Risk' risk rating.
Political 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 | N/A |
5/22/24 | Environmental | Mercy Investment Services | Disclose GHG Emissions Reductions Targets | Against | N/A |
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% |