Hartford Financial Services Group (Hartford)

Hartford Financial Services
Hartford, Connecticut
Insurance

Corporate Bias Rating

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Risk Level:

Rating - Danger
High Risk

Summary:

Hartford has ended all business with companies who get more than 25% of their energy from coal and is phasing out business with companies in the coal sector. Hartford 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, Hartford Financial Services (Hartford), 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. Hartford 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. The company's Chairman and CEO signed Catalyst's Champions for Change pledge and opposed anti-LGBTQ legislation. The Hartford is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) and has donated to the Equality PAC. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. For these reasons, Hartford Financial Services receives a High Risk rating.

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Board Bias

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CEO of Hartford Financial Services Group (Hartford)

Christopher J. Swift

Christopher J. Swift

Summary:

Headquartered in Hartford, Connecticut, Hartford Financial Services Group (Hartford) is a member of the Fortune 250 operating in the Insurance industry. Christopher J. Swift and Christopher J. Swift 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 $17,300 to Republican causes and $48,600 to Democratic causes. Under their tenure, Hartford Financial Services Group (Hartford) currently holds a 'High Risk' risk rating.

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Political Contributions of Leadership:

$17,300

$48,600

Republican

Democrat

Shareholder Proposals

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Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/17/23EnvironmentalGreen Century Capital ManagementAdopt Policy to Phase Out Underwriting Risks Associated with Fossil FuelsAgainst8.70%
5/18/22EnvironmentalGreen Century Capital ManagementAdopt Policies to Ensure Underwriting Does Not Support New Fossil Fuel SuppliesAgainst8.74%
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