Capital One
Corporate Bias Rating
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Risk Level:
Summary:
Capital One 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, Capital One 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. Capital One 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. Capital One is a corporate partner of the Human Rights Campaign (HRC). The company funds multiple LGBTQ organizations. Capital One opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. The company is a bronze partner of PFLAG. Capital One denounced various states’ legislative efforts to protect election integrity and security. The company is a member of the MCCA, indicating its focus on recruiting, retaining, and promoting employees based on race. Capital One has donated to the Equality PAC and has lobbied for the Equality Act. The company signed an amicus brief in opposition to the 2016 North Carolina bathroom bill HB2, which required people to use the bathroom of their biological sex. For these reasons, Capital One receives a High Risk rating.
Board Bias
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CEO of Capital One
Richard D. Fairbank
Summary:
Headquartered in McLean, Virginia, Capital One is a member of the Fortune 250 operating in the Diversified Financials industry. Richard D. Fairbank and Richard D. Fairbank 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 $0 to Republican causes and $1,050 to Democratic causes. Under their tenure, Capital One currently holds a 'High Risk' risk rating.
Political Contributions of Leadership:
$0
$1,050
Republican
Democrat
Shareholder Proposals
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Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
---|---|---|---|---|---|
5/2/24 | Environmental | The Comptroller of the State of New York | Stockholder Proposal Setting of Near- and Long-Term Greenhouse Gas Emission Reduction Target | Against | N/A |
5/2/24 | Social | National Center for Public Policy Research | Report on Respecting Workforce Civil Liberties | Against | N/A |
5/2/24 | Governance | United Brotherhood of Carpenters and Joiners of America | Director Election Resignation Bylaw Proposal | Against | N/A |
5/11/23 | Environmental | Stewart Taggart | Shareholder Proposal regarding climate change risk analysis. | Against | 0.00% |
5/24/23 | Governance | John Chevedden | Shareholder Ratification of Excessive Termination Pay | Against | 6.10% |
5/24/23 | Environmental | National Center for Public Policy Research | Establish Committee on Decarbonization Risk | Against | 1.50% |
5/4/23 | Governance | John Chevedden | Simple Majority Vote | Against | 66.00% |
5/4/23 | Social | Comptroller of the City of New York | Requesting a Board Skills and Diversity Matrix | Against | 43.90% |
5/4/23 | Social | The National Center for Public Policy Research | Report on Board Oversight of Risks Related to Discrimination | Against | 0.90% |
5/17/22 | Governance | John Chevedden | Special Meetings - Reduce Ownership Req. to 10% | Against | 37.94% |
5/17/22 | Social | Steven Milloy | Child Labor Audit | Against | 2.90% |