Southern
Corporate Bias Rating
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Risk Level:
Summary:
Southern Power Company is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Southern embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
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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 $480,157 to Republican causes and $746,223 to Democratic causes. Under their tenure, Southern currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$480,157
$746,223
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% |