Stryker Corporation

Kalamazoo, Michigan
Health Care Equipment and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Stryker Corporation 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, Stryker 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 vendor selection and marketing. Stryker 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’s CEO, Kevin Lobo, signed the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers. Stryker’s CEO, Kevin Lodo, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company’s Allies for Equality group has publicized donations to community Pride events and LGBTA resource centers. However, Stryker has not lobbied for ideological purposes. For these reasons, Stryker receives a High Risk rating.

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Board Bias

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CEO of Stryker Corporation

Kevin Lobo

Kevin Lobo

Summary:

Headquartered in Kalamazoo, Michigan, Stryker Corporation is a member of the Fortune 250 operating in the Health Care Equipment and Services industry. Kevin Lobo and Kevin Lobo 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 $134,400 to Republican causes and $42,600 to Democratic causes. Under their tenure, Stryker Corporation currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$134,400

$42,600

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/9/24GovernanceJohn CheveddenTransparency in Political SpendingAgainst37.24%
5/10/23SocialMyra K. YoungShareholder Proposal on Political DisclosureAgainst36.57%
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