State Street
Corporate Bias Rating
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Risk Level:
Summary:
State Street 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. State Street 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 State Street
Ronald P. O'Hanley
Summary:
Headquartered in Boston, Massachusetts, State Street is a member of the Fortune 250 operating in the Diversified Financials industry. Ronald P. O'Hanley serves as CEO/President and Chairman, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $110,100 to Republican causes and $54,150 to Democratic causes. Under their tenure, State Street currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$110,100
$54,150
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/17/23 | Governance | James McRitchie | Report on Stewardship Practices and Diversified Investors | Against | 7.70% |
| 5/18/22 | Governance | James McRitchie | Report on Asset Mgmt. Policies & Diversified Investors | Against | 8.90% |
In the News
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