Corprate Bias Ratings
Xerox has not terminated business relationships due to religious or political beliefs, though it does vet suppliers according to LGBTQ policies. Xerox does not have viewpoint protections for its employees. Xerox is a signatory of the Business Roundtable's 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism. The company has supported the Equality Act and has, in the past year, appeared to halt all political giving to Republicans, despite previously donating in a bipartisan manner. For these reasons, Xerox 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.
Xerox received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means Xerox has a written policy pledging to vet vendors for LGBTQ policies (1)(2). However, Xerox has not publicly fired employees, suppliers, or vendors due to political views or religious beliefs (3).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Xerox limits its charitable giving to STEM education and disaster relief. The company does not discriminate against religious organizations in its charitable giving (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Xerox signed an open letter in support of the Equality Act (1). CEO Steven Bandrowczak is a member of the Business Roundtable and Former CEO John Visentin signed its 2019 Statement on the Purpose of Corporation, which promotes stakeholder capitalism over traditional obligations to shareholders and customers (2)(3).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Xerox is a Bronze sponsor of Out and Equal (1).
All links were last accessed and all information was updated on:
November 30, 2023
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|Date||ESG Category||Proponent||Summary of Resolution||Mgmt Rec||Total Vote % in Favor|
|5/25/23||Governance||Kenneth Steiner||Shareholder Ratification of Termination Pay||Against||29.70%|
|5/19/22||Governance||Kenneth Steiner||Special Meetings - Reduce Ownership Req. to 10%||Against||9.17%|