Citigroup

Citibank
New York, New York
Banks

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Citigroup is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Citigroup embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Board Bias

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CEO of Citigroup

Jane Fraser

Jane Fraser

Summary:

Headquartered in New York, New York, Citigroup is a member of the Fortune 250 operating in the Banks industry. Jane Fraser and John C. Dugan serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $308,100 to Republican causes and $688,549 to Democratic causes. Under their tenure, Citigroup currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$308,100

$688,549

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
4/30/24National Center for Public Policy ResearchRisks created by the companys DEI EffortsAgainstN/A
4/30/24American Family AssociationReport on Risks of Politicized De-bankingAgainstN/A
4/30/24Harrington InvestmentsMandate to Oversee Animal Welfare Risk and ImpactAgainstN/A
4/30/24Kenneth SteinerIndependent Board ChairmanAgainstN/A
4/30/24Sisters of St. JosephReport on the Companys Rights Standards for Indigenous PeoplesAgainstN/A
4/30/24New York City Carpenters Pension FundDirector Election Resignation BylawAgainstN/A
4/25/23SocialSisters of Saint Joeseph of PeaceReport on Indigenous People PolicyAgainst31.50%
4/25/23GovernanceJohn CheveddenShareholder Approval of Termination PayAgainst27.90%
4/25/23GovernanceKenneth SteinerRequire Two Seperate People Hold the Offices of Chairman and CEOAgainst18.20%
4/25/23EnvironmentalHarrington Investments, Inc.Limit/End Fossil Fuel Underwriting/FinancingAgainst10.10%
4/26/22SocialSisters of St. JosephReport on Respecting Indigenous Peoples’ RightsAgainst33.12%
4/26/22GovernanceKenneth SteinerRequire Independent Board ChairAgainst20.58%
4/26/22EnvironmentalHarrington Investments, Inc.Ending New Fossil Fuel FinancingAgainst12.82%
4/26/22GovernanceJohn CheveddenAdapot Management Pay Clawback Authorization PolicyAgainst9.11%
4/26/22SocialNational Center for Public Policy ResearchCivil Rights and Non-Discrimination AuditAgainst2.90%
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