Charles Schwab Corporation (TD Ameritrade)

TD Ameritrade,
Westlake, Texas
Diversified Financials

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Charles Schwab 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, Charles Schwab 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. Charles Schwab 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. Charles Schwab supports the Equality Act and its subsidiary TD Ameritrade is a corporate partner of the NGLCC. For these reasons, Charles Schwab receives a High Risk rating.

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Board Bias

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CEO of Charles Schwab Corporation (TD Ameritrade)

Walter W. Bettinger II

Walter W. Bettinger II

Summary:

Headquartered in Westlake, Texas, Charles Schwab Corporation (TD Ameritrade) is a member of the Fortune 250 operating in the Diversified Financials industry. Walter W. Bettinger II and Walter W. Bettinger II, Charles R. Schwab 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 $0 to Democratic causes. Under their tenure, Charles Schwab Corporation (TD Ameritrade) currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$0

$0

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/18/23SocialJames McRitchieReport on Gender/Racial Pay DisparityAgainst24.70%
5/18/23SocialNational Center for Public Policy ResearchReport on Discrimination RisksAgainst0.90%
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