PNC

BBVA USA, Harris Williams
Pittsburg, Pennsylvania
Banks

Corporate Bias Rating

Expand Summary

Risk Level:

Rating - Danger
High Risk

Summary:

PNC Bank, owner of BBVA USA, has stopped lending to private prisons due to controversy surrounding former President Trump's immigration policies. PNC also stopped PAC contributions to a U.S. Congressman for his religious views regarding LGBTQ+ policy. PNC Bank scored a 95 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with Human Rights Campaign’s controversial demands, PNC Bank 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. PNC Bank uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. The bank funds multiple LGBTQ causes and organizations. PNC has pledged over $1 billion to end "systemic racism" and is a corporate partner of the Human Rights Campaign (HRC). The company is committed to carbon neutrality by 2040. PNC discriminates against religious organizations in its charitable giving and does not provide its employees with protections against viewpoint discrimination. For these reasons, PNC Bank receives a High Risk rating.

View Full Report

Board Bias

Expand Summary

CEO of PNC

William S. Demchak

William S. Demchak

Summary:

Headquartered in Pittsburg, Pennsylvania, PNC 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 $95,250 to Republican causes and $883,287 to Democratic causes. Under their tenure, PNC currently holds a 'High Risk' risk rating.

View Full Board Bias Report

Political Contributions of Leadership:

$95,250

$883,287

Republican

Democrat

Shareholder Proposals

Expand Summary

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/25/22SocialJohn CheveddenReport on Lobbying Payments and PolicyAgainst36.58%
4/27/22SocialSisters of St. Joseph of BrentwoodReport on Risk Mgmt. & the Nuclear Weapons IndustryAgainst7.69%
Generate Reports
Clear
Toast