Valley National Bancorp 2022 SR
The report highlights Valley Bank's commitment to community success through its four CSR pillars: affordable housing, economic development, innovation, and local leadership. In 2022, the bank achieved an Outstanding CRA rating and completed the acquisition of Bank Leumi USA, expanding its reach into new markets. Significant investments were made, including 1.49 billion USD in community development loans and the issuance of 150 million USD in sustainable subordinated notes. The bank also advanced its DEI initiatives, reporting a 220 percent increase in early talent diversity since 2020. Environmental efforts focused on LEED-certified facilities and financing for renewable energy and electric vehicles.
Company: Valley National Bancorp
Sector: Financials
Country: United States
Year: 2022
Type: SR
Pages: 56
Valley National Bancorp
Corporate Social Responsibility Report
The report highlights Valley Bank's commitment to community success through its four CSR pillars: affordable housing, economic development, innovation, and local leadership. In 2022, the bank achieved an Outstanding CRA rating and completed the acquisition of Bank Leumi USA, expanding its reach into new markets. Significant investments were made, including 1.49 billion USD in community development loans and the issuance of 150 million USD in sustainable subordinated notes. The bank also advanced its DEI initiatives, reporting a 220 percent increase in early talent diversity since 2020. Environmental efforts focused on LEED-certified facilities and financing for renewable energy and electric vehicles.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Apr 27, 2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees