Company Directory - Truist Securities
Company Details - Truist Securities
CCI Score
CCI Score: Truist Securities
9.21
-0.01%
Latest Event
Truist Supplier Code of Conduct Promotes Ethical Supplier Practices
Truist's Supplier Code of Conduct outlines strict guidelines for suppliers on human rights, labor standards, and environmental responsibility, demonstrating a clear commitment to ethical business practices and opposition to exploitative labor and modern slavery.
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OBJECTOR
Truist Securities is currently rated as an Objector.
Latest Events
- FEB012025
Truist's Supplier Code of Conduct outlines strict guidelines for suppliers on human rights, labor standards, and environmental responsibility, demonstrating a clear commitment to ethical business practices and opposition to exploitative labor and modern slavery.
+80
Labor Relations and Human Rights Practices
March 20
The Supplier Code of Conduct emphasizes adherence to international labor standards, fair wages, and the prohibition of child labor and forced labor. This commitment demonstrates Truist's proactive stance in protecting labor rights and human dignity, an essential element against authoritarian exploitation.
+80
Supply Chain Ethics
March 20
The Code mandates that suppliers comply with high ethical standards, ensuring they avoid practices linked to modern slavery, forced labor, and human trafficking. This proactive approach towards responsible supply chain management underscores Truist's dedication to ethical sourcing and supply chain integrity.
- APR012024
Truist's 2023 Statement of Political Engagement outlines the company’s active use of politically active committees, PACs, and lobbying efforts to shape public policy. While the company adheres to legal frameworks, such corporate political engagement raises concerns from an anti-fascist perspective regarding undue influence and the undermining of grassroots democratic accountability.
-30
Political Contributions and Lobbying Efforts
March 20
Truist’s statement reveals extensive use of PACs and political contributions aimed at influencing elections and policy debates, particularly through organized lobbying efforts. This strategy, while compliant with legal regulations, demonstrates a significant leveraging of financial influence to shape policy in ways that can undermine democratic accountability and foster corporate complicity in authoritarian frameworks.
-10
Executive Political Engagement
March 20
The document also indicates active involvement from Truist’s senior leadership in shaping its political engagement policies. Although presented as responsible corporate citizenship, this top-level endorsement reinforces the company’s complicity in employing executive influence to direct political and regulatory frameworks in favor of corporate interests.
- APR142023
Truist Securities laid off approximately 80 employees in a move that raises concerns about labor relations and the protection of worker rights. This downsizing reflects corporate cost-cutting measures that may exacerbate economic inequality and undermine long-term job security, factors that can contribute to broader systemic issues aligned with authoritarian, exploitative practices.
-40
Labor Relations and Human Rights Practices
March 20
The layoffs at Truist Securities indicate a disregard for labor rights and fair employment practices. From an anti-fascist perspective, such cost-cutting measures contribute to worker insecurity and reinforce the structures of exploitation inherent in late-stage capitalism, indirectly supporting authoritarian economic policies.
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Industries
- 523110
- Investment Banking and Securities Dealing
- 523120
- Securities Brokerage
- 523930
- Investment Advice
- 523920
- Portfolio Management