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About Truist Financial Corporation
Truist Financial Corporation (TFC) was established in December 2019 as a merger between SunTrust Bank and BB&T. SunTrust Bank was a US bank, originally established in 1891 in Atlanta when the Georgia General Assembly granted a charter for the Commercial Travelers' Savings Bank. Truist offers deposits, lending, credit cards, and trust and investment services. Through its various subsidiaries, the company provides corporate and investment banking, capital market services and mortgage banking.
Website | https://www.truist.com/ |
Headquarters |
214 N. Tryon St.
GA 30308 Charlotte
United States
|
CEO/chair |
William H. Rogers jr. CEO |
Supervisor | |
Annual report | CSR Report 2020 |
Ownership |
listed on NYSE
Truist's shareholder structure can be accessed here. |
Complaints and grievances |
Truist Financial Corporation does not operate a complaints and grievance channel for individuals or communities afftected by its finance. |
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Policy Assessments
Banks and Climate
Bank net zero commitments
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
News
Documents
Policies
Voluntary standards
Truist Financial Corporation has committed itself to the following voluntary standards:Investment policies
Truist Financial Corporation does not have publicly available investment policies. It's web page on corporate social responsibility only lists annual csr and other reports.