Texas Instruments
Corporate Bias Rating
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Risk Level:
Summary:
Texas Instruments 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, Texas Instruments (TI), 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 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, a controversial bill and opposed the North Carolina biological bathroom law in 2017. The company's CEO is a member of the Business Roundtable. Its former CEO Richard Templeton signed its 2019 Statement on the Purpose of a Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders. TI’s former CEO, Richard K. Templeton, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company has contributed $1 million to the BLM movement and related causes and is a copper sponsor of Out & Equal. For these reasons, TI receives a High Risk rating.
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CEO of Texas Instruments
Haviv Ilan
Summary:
Headquartered in Santa Clara, Texas, Texas Instruments 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 currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical 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% |