Stanley Black & Decker
Corporate Bias Rating
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Risk Level:
Summary:
Stanley Black & Decker fired an employee in 2023 after she complained about biased treatment based on race. Stanley Black & Decker 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, Stanley Black & Decker 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. Stanley Black & Decker 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. Stanley Black & Decker is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company has also lobbied for the Equality PAC. The company supports the Equality Act, funds multiple LGBTQ organizations, and mandates racial bias training for all employees. For these reasons, Stanley Black & Decker receives a High Risk rating.
Board Bias
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CEO of Stanley Black & Decker
Donald Allan, Jr.
Summary:
Headquartered in New Britain, Connecticut, Stanley Black & Decker is a member of the Fortune 250 operating in the Household and Personal Products industry. Donald Allan, Jr. and Andrea J. Ayers 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 $0 to Republican causes and $9,636 to Democratic causes. Under their tenure, Stanley Black & Decker currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$0
$9,636
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
4/21/23 | Governance | John Chevedden | Shareholder Ratification of Termination Pay | Against | 12.80% |
4/22/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 48.10% |