Truist

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Truist is a top 10 US commercial bank, driven by a shared purpose to inspire and build better lives and communities. We strive every day to make things better for our clients, teammates, and communities—boldly believing in the power of what we can achieve together. At Truist, people come first, and every interaction with each other and our clients starts with care. We act as one team, united by our purpose, mission, and values. They’re the foundation of our culture, the starting point for every decision we make, and the single, most important factor in our long-term success.

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4

Overall Excellence Rating

Industry

Financial Services

Category

Banking & Lending

ESG/Ethical Impact

Advancing a lower-carbon economy: – In 2021, Truist supported $15.3 billion of investment grade ESG-themed bond issuance and facilitated renewable energy development with direct capital commitments exceeding $856 million. – Truist enhanced its climate disclosure publishing its first Task Force on Climate-Related Financial Disclosures (TCFD) Report. The company also joined the Partnership for Carbon Accounting Financials (PCAF). – Truist set a goal of net-zero greenhouse gas emissions by 2050. – The company added new teammates to enhance ESG and CSR expertise and to help clients make informed decisions on the risks and opportunities related to climate change. – Promoting financial inclusion across our communities: – To make banking more accessible and inclusive for all, the company announced two new checking accounts available this summer with no overdraft fees. Truist One Banking will feature a $100 negative balance buffer. A second checking account, designed to bring more individuals into mainstream banking, will be offered as well. In addition, an innovative line of credit that does not rely on credit scores will be available later this year. – Truist achieved its lending and investment commitments for its $60 billion Community Benefits Plan ahead of schedule and is on track to open at least fifteen new low- and moderate-income and/or majority minority branches by the end of 2022. – Truist committed $100 million in investment capital to the Sterling Capital Diverse Multi-Manager Active ETF to support its initial launch and to demonstrate Truist’s support of increasing opportunities for diverse-owned asset managers. – Growing our commitment to diversity, equity, and inclusion (DEI): – The company reached its goal of increasing ethnically diverse representation in senior leadership roles to at least 15% a year early, reinforcing Truist’s ongoing commitment to diversity, equity, and inclusion. – To support economic mobility and educational equity, Truist committed $8 million to the Mayor’s Racial Equity Initiative in Charlotte, North Carolina and granted $3 million to the Thurgood Marshall College Fund to provide scholarships for students at Historically Black Colleges and Universities (HBCUs). – Truist ensures a diverse board of directors, with 43% of members either racially, ethnically, or gender diverse.

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Awards Received

2023

Revenues

$25,356,000,000.00

Website Traffic

Employee Rating

3.6

Customer Rating

3.5

Company Size

10000+

ESG Risk Rating

4

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