Targa Resources Corp.

Texas
Energy, Transportation

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Targa Resources Corp. has not terminated business relationships due to ideological beliefs or funded ideological groups hostile to freedom of expression. However, the company does not provide viewpoint protections for employees but does hold unconscious bias trainings for employees. Targa Resources has integrated ESG metrics, including metrics for its suppliers based on ESG-informed diversity and sustainability metrics. For these reasons, Targa Resources Corp. receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Targa Resources has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs. Targa Resources integrates ESG into all of its business practices, stating “In 2021, we implemented a system to identify and track key metrics on suppliers who were added to our system, with the goal of identifying and increasing the number of diverse suppliers we do business with each year” (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Targa Resources does not discriminate against religious organizations in its charitable giving (1). Targa Resources does not have an employee matching program at this time.

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Targa Resources does not protect its employees against viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Targa Resources holds unconscious bias and inclusive leadership training for all employees (1). Targa Resources integrates ESG into all of its business practices (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Targa Resources does not use corporate funds to support ideological organizations hostile to freedom of expression (1).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Targa Resources has not used its PAC donations for ideological purposes (1).

All links were last accessed and all information was updated on:
May 3, 2023

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