SVB Financial Group
Corporate Bias Rating
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Risk Level:
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 Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
4/21/22 | Social | Trillium Asset Management | Report on Third-Party Racial Justice Audit | Against | 34.00% |
In the News
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SVB Financial Group
SVB Financial Group