Capital One

Virginia
Banks, Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

Capital One vets vendors according to LGBTQ policies and does not provide its employees with protections against viewpoint discrimination, but has not publicly terminated business relationships based on views or beliefs. The company covers the cost of "medically necessary transition-related care” for its employees and their children. Capital One is a corporate partner of the Human Rights Campaign (HRC) and gave to the Equality PAC. Capital One funds multiple LGBTQ organizations. However, the company does not discriminate against religious organizations in its charitable giving. For these reasons, Capital One receives a "Medium Risk" rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

Capital One received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (HRC). Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1)(2). However, there are no known instances of Capital One firing anyone because of political or religious beliefs. Capital One has no public policies against doing business with specific industries, customers, or groups.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

Capital One does not have a gift-matching program. Previously, Capital One only matched donations to accredited K-12, College, or University schools. There are no reports of discrimination against religious and educational institutions (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

Capital One does not protect its employees from viewpoint discrimination (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Capital One has a perfect score on the HRC’s 2022 Corporate Equality Index. This score indicates the company covers the cost of “medically necessary transition-related care” for its employees and their children (1)(2). The company has signed letters supporting the Equality Act and opposing the protection of women’s sports (3)(4). It also denounced state legislature’s efforts to enhance voting integrity (5). Capital One opposed the Florida Parental Rights in Education Act, which prohibits teaching gender identity and sexual orientation in schools to kids in K-3rd grade (6).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

Capital One is a silver partner of the HRC (1). Capital One has also donated to the National Urban League, the Obama Foundation, and others (2)(3). Capital One is a Gold sponsor of Out and Equal and a corporate partner of the National LGBT Chamber of Commerce (4)(5).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Capital One’s PAC supported the Equality PAC (1)(2).

All links were last accessed and all information was updated on:
December 1, 2023

Company reports are intended for educational use only. Full Disclaimer

Voting History

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/24/23GovernanceJohn CheveddenShareholder Ratification of Excessive Termination PayAgainst6.10%
5/24/23EnvironmentalNational Center for Public Policy ResearchEstablish Committee on Decarbonization RiskAgainst1.50%
5/4/23GovernanceJohn CheveddenSimple Majority VoteAgainst66.00%
5/4/23SocialComptroller of the City of New YorkRequesting a Board Skills and Diversity MatrixAgainst43.90%
5/4/23SocialThe National Center for Public Policy ResearchReport on Board Oversight of Risks Related to DiscriminationAgainst0.90%
5/17/22GovernanceJohn CheveddenSpecial Meetings - Reduce Ownership Req. to 10%Against37.94%
5/17/22SocialSteven MilloyChild Labor AuditAgainst2.90%
Generate Reports
Clear
Toast

This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy.

Accept