Truist Financial Corp 2022 SR
The report highlights Truist Financial Corporation's corporate responsibility and sustainability progress for the fiscal year 2022. Key achievements include establishing a commitment to achieve net-zero greenhouse gas emissions by 2050 and surpassing its three-year Community Benefits Plan by lending or investing $73.9 billion in low- and moderate-income communities. Truist also raised its U.S. minimum wage to $22 per hour, positively impacting 33,000 teammates. Additionally, the company launched Truist One Banking to expand financial inclusion and eliminate overdraft fees, which is projected to save clients $300 million annually by 2024.
Company: Truist Financial Corp
Sector: Financials
Country: United States
Year: 2022
Type: SR
Pages: 82
Truist Financial Corp
Corporate Responsibility Report
The report highlights Truist Financial Corporation's corporate responsibility and sustainability progress for the fiscal year 2022. Key achievements include establishing a commitment to achieve net-zero greenhouse gas emissions by 2050 and surpassing its three-year Community Benefits Plan by lending or investing $73.9 billion in low- and moderate-income communities. Truist also raised its U.S. minimum wage to $22 per hour, positively impacting 33,000 teammates. Additionally, the company launched Truist One Banking to expand financial inclusion and eliminate overdraft fees, which is projected to save clients $300 million annually by 2024.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Apr 1, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Net Zero Target