Xerox

Connecticut
Software and Services

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Xerox 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, Xerox 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. Xerox 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. Xerox former CEO 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. Xerox opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Xerox receives a High Risk rating.

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/25/23GovernanceKenneth SteinerShareholder Ratification of Termination PayAgainst29.70%
5/19/22GovernanceKenneth SteinerSpecial Meetings - Reduce Ownership Req. to 10%Against9.17%
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