SVB Financial Group

Boston Private Financial Holdings
California
Banks, Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

SVB Financial Group has not publicly terminated business relationships based on views or beliefs. However, the company has set net zero goals, including 100% renewable energy sources, that make it unlikely the company would do business with traditional energy groups. SVB pledged support to BLM and related causes and does not protect its employees against viewpoint discrimination. Prior to the bank's collapse, SVB pledged over $11 billion for ESG goals and incorporated DEI into all of its business operations. The company denounced various states’ legislative efforts to protect election integrity and security. For these reasons, SVB Financial Group receives a High Risk rating.

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/21/22SocialTrillium Asset ManagementReport on Third-Party Racial Justice AuditAgainst34.00%
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