Texas Instruments (TI)
Corporate Bias Rating
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Risk Level:
Summary:
Texas Instruments 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, Texas Instruments (TI), 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. TI 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 supports the Equality Act and opposed the 2017 North Carolina bathroom bill. TI's former CEO signed the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company is a copper sponsor of Out & Equal and pledged support to BLM and related causes. For these reasons, TI receives a High Risk rating.
Board Bias
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CEO of Texas Instruments (TI)
Haviv Ilan
Summary:
Headquartered in Santa Clara, Texas, Texas Instruments (TI) is a member of the Fortune 250 operating in the Semiconductors and Semiconductor Equipment industry. Haviv Ilan and Richard K. Templeton 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 $50 to Republican causes and $0 to Democratic causes. Under their tenure, Texas Instruments (TI) currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$50
$0
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
4/27/23 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 41.30% |
4/27/23 | Social | Friends Fiduciary Corp. | Report on Due Diligence Efforts to Trace Customer Misuse of Products | Against | 20.80% |
4/28/22 | Governance | John Chevedden | Special Meetings - Ownership Req. at 10% | Against | 43.39% |