XCEL Energy Inc.
Corprate Bias Ratings
XCEL Energy Inc. vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. XCEL Energy Inc. uses its corporate reputation to support ideological causes, including LGBTQ causes and DEI trainings and stances. XCEL Energy Inc. does not use its corporate funds to advance ideological causes hostile to freedom of expression. For these reasons, XCEL Energy Inc. receives a Medium Risk rating.
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.
XCEL Energy Inc. has received a score of 100 on the Corporate Equality Index. Among other requirements, this means the company has a written policy pledging to vet vendors for LGBTQ policies (1). XCEL Energy Inc. has not publicly terminated business relationships based on views or beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
XCEL Energy, Inc. discriminates against religious organizations in its charitable giving as “Religious, political, veterans fraternal or other fraternal organizations” are restricted (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
XCEL Energy, Inc. has committed to public advocacy for LGBTQ causes as a member of the National LGBT Chamber of Commerce, Colorado LGBT Chamber of Commerce, and the Quorum Twin Cities LGBT Chamber of Commerce (1). XCEL Energy Inc. provides its employees with unconscious bias training to address “systemic racial injustice” (2). The company attends Pride Parades and hosted the Minnesota Lynx’s annual Pride Night (3)(4). Bob Frenzel, CEO of XCEL Energy signed the CEO Action for Diversity and Inclusion pledge (5).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
There are no known instances of XCEL Energy Inc. using its corporate funds to advance ideological causes hostile to freedom of expression.
All links were last accessed and all information was updated on:
July 21, 2023
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