
Active
This profile is actively maintained
Active
This profile is actively maintainedWebsite | https://www.truist.com/ |
Headquarters |
214 N. Tryon St.
GA 30308 Charlotte
United States
|
CEO/chair |
William H. Rogers jr. CEO |
Supervisor | |
Ownership |
listed on NYSE
Truist's shareholder structure can be accessed here. |
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.
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.
Truist Financial Corporation is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Truist Financial Corporation's link to these deals.
Truist Financial Corporation does not operate a complaints and grievance channel for individuals or communities afftected by its finance.
This page evaluates Truist Financial Corporation's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Truist Financial Corporation’s fossil fuel policy below.