Banc of California Inc 2023 SR
The report highlights Banc of California's 2023 performance and its transformational merger with PacWest Bancorp, establishing it as the third-largest bank headquartered in California. Key achievements include the announcement of a $4.1 billion three-year community benefit plan and the origination of $255 million in solar financing. Social impact efforts featured nearly $700 million in community development lending and over 6,700 team member volunteer hours. Environmentally, the bank recycled over 55,000 pounds of electronic waste and operates 29 LEED-certified locations. The report also outlines the bank's commitment to diversity, with women comprising 57% of the workforce, and its alignment with SASB and UN Sustainable Development Goals.
Company: Banc of California Inc
Sector: Financials
Country: United States
Year: 2023
Type: SR
Pages: 40
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Banc of California Inc
Impact Report
The report highlights Banc of California's 2023 performance and its transformational merger with PacWest Bancorp, establishing it as the third-largest bank headquartered in California. Key achievements include the announcement of a $4.1 billion three-year community benefit plan and the origination of $255 million in solar financing. Social impact efforts featured nearly $700 million in community development lending and over 6,700 team member volunteer hours. Environmentally, the bank recycled over 55,000 pounds of electronic waste and operates 29 LEED-certified locations. The report also outlines the bank's commitment to diversity, with women comprising 57% of the workforce, and its alignment with SASB and UN Sustainable Development Goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Employees