Target

Minneapolis, Minnesota
Food and Staples Retailing, Retailing

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Target has removed certain books from its shelves due to ideological differences, including books questioning transgender ideology. Target scored a 95 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, Target 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. Target 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 provides a benefits package for employees which covers travel/lodging costs for an abortion and transgender medical procedures for covered employees and dependents, including children. The company sells tuck-friendly and LGBTQ kids apparel that was designed by a Satanist. As a result of this advocacy, Target is currently facing a shareholder lawsuit for the large share value loss that ensued from its transgender advocacy. Target regularly uses its reputation and corporate dollars to support LGBTQ causes and organizations. Target is a platinum partner of the Human Rights Campaign (HRC), and has donated over $2.1 million to the Gay, Lesbian and Straight Education Network (GLSEN). Target is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism, and is committed to carbon neutrality by 2040. The company denounced various states’ legislative efforts to protect election integrity and security. Target is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. For these reasons, Target receives a High Risk rating.

Board Bias

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CEO of Target

Brian C. Cornell

Brian C. Cornell

Summary:

Headquartered in Minneapolis, Minnesota, Target is a member of the Fortune 250 operating in the Retailing industry. Brian C. Cornell and Brian C. Cornell 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 $138,100 to Republican causes and $288,175 to Democratic causes. Under their tenure, Target currently holds a 'High Risk' risk rating.

Political Contributions of Leadership:

$138,100

$288,175

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
6/14/23GovernanceJohn CheveddenIndependent Board ChairmanAgainst32.10%
6/8/22GovernanceJohn CheveddenProxy Access AmendmentsAgainst36.00%
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