PNC Financial Services Group
Corporate Bias Rating
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Risk Level:
Summary:
PNC Bank 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. PNC Bank 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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CEO of PNC Financial Services Group
William S. Demchak
Summary:
Headquartered in Pittsburg, Pennsylvania, PNC Financial Services Group is a member of the Fortune 250 operating in the Banks industry. William S. Demchak and William S. Demchak 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 $372,575 to Republican causes and $1,492,560 to Democratic causes. Under their tenure, PNC Financial Services Group currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$372,575
$1,492,560
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 4/24/24 | Maryknoll Sisters of St. Dominic | Report on Risk Mgmt. & Implementation of PNC's Human Rights Statement | Against | N/A | |
| 5/25/22 | Social | John Chevedden | Report on Lobbying Payments and Policy | Against | 36.58% |
| 4/27/22 | Social | Sisters of St. Joseph of Brentwood | Report on Risk Mgmt. & the Nuclear Weapons Industry | Against | 7.69% |
In the News
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