Impact Report

Overview

The report presents Beneficial State Bank's 2022 impact across mission lending, inclusion, environmental finance, and financial resilience. It reports that 79% of outstanding loans directly advanced its mission, with $601.4 million in mission-impact lending at year-end. The bank reports 213 colleagues at year-end and highlights carbon-neutral operations, a 105,706-ton CO2e estimated carbon footprint for commercial and auto lending portfolios, and $144.1 million in cumulative renewable-energy lending originations. It also describes its B Corp certification, Best for the World recognition, and environmental commitments through PCAF and UNEP FI's Principles for Responsible Banking.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2022
Language: English
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