PNC Financial Services Group — Ethics Grade C

PNC Financial Services Group receives an overall ethics grade of C (47/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Large Cap.

Category scores

• labor: 55
• privacy: 55
• consumer: 35
• environment: 35
• humanRights: 50

Documented incidents (2)

• Overdraft fee practices (medium, 2023) — Charged excessive overdraft fees disproportionately affecting low-income customers. Settled class action for $90M.
• Fossil fuel financing (medium, 2022) — Despite ESG commitments, continued significant financing of fossil fuel projects including new coal and gas developments.

Documented good deeds

• PNC Grow Up Great — Invested $500M in early childhood education reaching 8M+ children through partnerships and Head Start.

Ethical alternatives

• Aspiration — Fossil-fuel-free banking with transparent fees and tree planting with every purchase.