Hartford Financial Services Group

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 out of 100 on the 2023-2024 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 provides a benefits package for employees which covers transgender medical procedures for covered employees and dependents, including children. 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. Hartford requires its business leaders “create and execute a DEI plan to address leadership accountability and creating an inclusive work environment”. The company opposed various state and local legislation intended to protect parental rights, girls’ sports, bathroom facilities, and gendered spaces. Hartford’s CEO, Christopher J. Swift, signed the CEO Action for Diversity & Inclusion pledge, which includes a commitment to promote DEI through bias education training in the workplace. The company is a corporate partner of the National LGBT Chamber of Commerce (NGLCC) and has donated to the Equality PAC. 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

Christopher J. Swift

Christopher J. Swift

Summary:

Headquartered in Hartford, Connecticut, Hartford Financial Services Group 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 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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