TJX Companies
Corporate Bias Rating
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Risk Level:
Summary:
TJX Companies vets vendors for LGBTQ policies and does not provide viewpoint protections for its employees. However, it has not publicly terminated business relationships based on views or beliefs. TJX 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. It also uses sex and gender ideology criteria in philanthropic support. The company has funded the Boston University Center for Antiracist Research. TJX has partnered with many ideological organizations, including PFLAG, the National Urban League, and the YWCA. The company appears to prioritize diversity over merit in its recruitment, supply chain, and leadership composition. For these reasons, TJX Companies receives a Medium Risk rating.
Board Bias
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CEO of TJX Companies
Ernie Herrman
Summary:
Headquartered in Framingham, Massachusetts, TJX Companies is a member of the Fortune 250 operating in the Retailing industry. Ernie Herrman and Carol Meyrowitz 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 $46,800 to Republican causes and $33,000 to Democratic causes. Under their tenure, TJX Companies currently holds a 'Medium Risk' risk rating.
Political Contributions of Leadership:
$46,800
$33,000
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 6/6/23 | Social | International Brotherhood of Teamsters | Report on Risk to TJX From SUpplier Misclassification on Supplier's Employees | Against | 31.40% |
| 6/6/23 | Social | Northstar Asset Management, Inc. | Report on Effectiveness of SOcial Compliance Efforts in the Supply Chain | Against | 25.40% |
| 6/6/23 | Social | Figure 8 Investment Strategies | Leave Policy for All Associates | Against | 22.00% |
| 6/7/22 | Social | Figure 8 Investment Strategies | Adopt Paid Sick Leave Policy for All Associates | Against | 33.78% |
| 6/7/22 | Social | Int'l Brotherhood of Teamsters | Report on Risk to TJX From Supplier Misclassification of Supplier's Employees | Against | 31.78% |
| 6/7/22 | Social | Trillium Asset Management | Report on Risk Due to Restrictions on Reproductive Rights | Against | 30.16% |
| 6/7/22 | Social | Northstar Asset Management | Report on Human Rights Due Diligence in Supply Chain | Against | 24.64% |