Truist Financial
Risk Level:
Summary:
Truist Financial Corporation demonstrates a consistent practice of firing conservative customers and reserves the right to quit doing business with anyone who violates its code of conduct policy. Meanwhile, Truist had donated to groups like Planned Parenthood, advocated for the Equality Act, and remained silent when the MLB All-Star game was moved out of their Atlanta area stadium for political reasons. Truist does not have viewpoint protections for its employees. Truist discriminates against religious charities. For these reasons, Truist receives a "High Risk" rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
SunTrust (later merged with BB&T to form Truist) quit doing business with private prisons in response to leftist pressure groups upset at President Trump’s immigration policies (1). Gab, an online social media platform designed to counter censorship on other mainstream platforms, had its account closed by BB&T without reason (2). Several conservative and far-right activists had their accounts canceled as well (3). BB&T also has a vague code of conduct policy that enables the bank to close accounts at its sole discretion (4). Truist has received a score of 100 on the Corporate Equality Index from the Human Rights Campaign (5). Among other requirements, this means that Truist has pledged to vet vendors for pro-LGBTQ policies.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Truist has a policy discriminating against churches and those who “have a written policy discriminating against sexual orientation and/or gender identity” (1). Truist has a special carve-out for eligibility to give to United Way.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Truist does not protect employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Truist Financial Corporation funded a critical race theory, “Racial Equity 21-Day Challenge,” that encouraged whites to “cede power to Blacks” and other discriminatory measures (1). The bank has also donated to Planned Parenthood (2). Truist has also donated to the Urban League of Palm Beach County, an affiliation of the Nation Urban League (3).
All links were last accessed and all information was updated on:
February 11, 2023
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