Environmental, Social And Governance Report

Overview

The report highlights OceanFirst's 2023 focus on equitable access to capital, community investment, diversity, equity and inclusion, environmental stewardship, and governance. It reports approximately $103 million in community-development loans, $106 million in loans to minority- and women-owned businesses, and $2.3 million in Foundation grants. The workforce profile reports 920 employees and 67% women, while environmental actions include a solar project generating approximately 102,000 kWh annually and 30% efficiency gains at eight locations. The report also includes OceanFirst's first SASB index for commercial banks.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: Ends 31 December 2023
Language: English
Pages
File size

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Materiality

Assessment
Basis

Assurance

Statement included

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