Valley National Bancorp 2021 SR
The report highlights Valley National Bank's 2021 efforts in community investment, environmental sustainability, and social responsibility. The company invested over $468 million in community development loans and provided $3.69 million in charitable giving to support affordable housing and local nonprofits. Key initiatives included the expansion of Associate Resource Groups to promote diversity and inclusion, and the launch of sustainable lending programs for electric vehicles and renewable energy. Additionally, the bank achieved an Outstanding CRA rating and supported small businesses through nearly 6,724 Paycheck Protection Program loans. The report also details the bank's commitment to associate well-being and the implementation of a new DEI Governance Framework.
Company: Valley National Bancorp
Sector: Financials
Country: United States
Year: 2021
Type: SR
Pages: 34
Valley National Bancorp
Corporate Social Responsibility Report
The report highlights Valley National Bank's 2021 efforts in community investment, environmental sustainability, and social responsibility. The company invested over $468 million in community development loans and provided $3.69 million in charitable giving to support affordable housing and local nonprofits. Key initiatives included the expansion of Associate Resource Groups to promote diversity and inclusion, and the launch of sustainable lending programs for electric vehicles and renewable energy. Additionally, the bank achieved an Outstanding CRA rating and supported small businesses through nearly 6,724 Paycheck Protection Program loans. The report also details the bank's commitment to associate well-being and the implementation of a new DEI Governance Framework.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees