Corporate Governance

Our senior management team, under the oversight of our Board of Directors, develops and oversees the execution of our strategy. The board-adopted corporate governance guidelines and committee charters are transparent to the public and our stakeholders, and are flexible enough to accommodate a changing environment.

As part of these guidelines, at least two-thirds of PNC’s directors should be independent and the board should have a lead independent director. PNC adheres to these guidelines, and all of our directors, with the exception of our chairman and CEO, are independent.

Our governance processes and policies, which can be found at pnc.com/corporategovernance, are regularly reviewed. The board has also adopted policies on director and executive stock ownership, and has formal documented oversight of PNC's corporate social responsibility strategy.

In 2018, we held 10 board meetings, in addition to regular meetings of the Audit, Nominating and Governance, Personnel and Compensation and Risk committees, and the Technology and Compliance subcommittees of the Risk Committee.

Each director attended at least 75% of the total number of board meetings and committees on which he or she served. The average attendance of all directors at board and applicable committee meetings was over 98%.

CSR Oversight
PNC's Board of Directors has formal oversight of corporate social responsibility and regularly reviews policies, programs and strategies that are foundational to PNC’s CSR program. In addition, it receives a formal CSR update annually and provides guidance to management with respect to these matters, all in accordance with PNC’s corporate governance guidelines, which are available at pnc.com/corporategovernance.

Board Diversity and Engagement

PNC recognizes that diverse boards lead to better decisions and outcomes for our diverse employees, customers and communities. The board's Nominating and Governance Committee evaluates potential directors for demographic, cognitive, gender and ethnic diversity, as well as breadth of backgrounds, skills and experience. Because certain criteria might unnecessarily limit the diversity of the candidate pool, individuals are not required to have previous experience as a chief executive officer or a board member of a public company. In 2018, the committee worked with a third-party search firm to develop a diverse pool of director candidates. As a result of our work with this firm, along with our ongoing efforts to enhance the board’s gender and racial diversity, one-third of PNC's independent directors are women and one-fourth bring racial/ethnic diversity to the board*.

**This data is accurate as of PNC's 2018 Annual Shareholder meeting on April 23, 2019.

PNC's Executive Committee is heavily engaged in the company's ESG commitment. Select members meet with the Corporate Social Responsibility team quarterly to review progress against key objectives and to discuss challenges and opportunities.

Moments That Matter.

2019 Corporate Social Responsibility

Summary of Our Efforts »

Download Latest CSR Report


Learn More About CSR

Stakeholder Engagement »

Download previous Reports and Newsletters »

Recognized for our Efforts

Corporate Awards & Recognition

Industry/Reputation

  • World’s Most Admired Companies, Fortune (2020)
  • U.S. Best Bank, Euromoney Awards for Excellence (2020)
  • Best National Banks, Kiplinger (2020)

Corporate Social Responsibility

  • Outstanding Community Reinvestment Act Rating
  • 100 Most Sustainable Companies, Barron’s (2020)
  • JUST 100 America’s Most Just Companies, JUST Capital (2020)
  • America’s Most Responsible Companies, Newsweek (2020)

Diversity & Inclusion

Accessibility

  • 100% Score on Disability Equality Index® (DEI®Best Places to Work™ (2020)
  • Top 50 Employers, CAREERS & the disABLED Magazine (2020)
  • Employer of the Year, Disability:IN (2019)


LGBTQ+

  • Best Places to Work for LGBTQ Equality, Human Rights Campaign (2020)
  • Top LGBTQ+ Friendly, Black EOE Journal (2020)
  • Best-of-the-Best Corporation for Inclusion, National Gay & Lesbian Chamber of Commerce and National Business Inclusion Consortium, (2019)


Veterans

  • Best of the Best Top Veteran-Friendly Companies, U.S. Veterans Magazine (2020)
  • Top Veteran-Friendly Supplier Diversity Programs, U.S. Veterans magazine (2020)


Women

  • 100 Best Companies, Working Mother (2020)
  • Top 70 Companies for Executive Women, National Association for Female Executives (2020)
  • Gender-Equality Index, Bloomberg (2020)
  • Top Financial Companies, Professional Woman’s Magazine (2020)
  • Most Powerful Women in Banking and Finance, American Banker (2020)
  • 50 Out Front: Best Places to Work for Women & Diverse Managers, Diversity MBA Magazine (2020)
  • Best Finance Companies for Women, Fairygodboss (2020)
  • Board Diversity Award, DirectWomen (2019)
  • Best Companies to Work for Women, WOMEN'S CHOICE AWARD® (2019)
  • Best Companies to Work for Multicultural Women, WOMEN'S CHOICE AWARD®(2019)