Webster Financial Corp 2017 SR
The report marks Webster Financial Corporation's inaugural environmental, social, and governance disclosure, highlighting its commitment to corporate citizenship and the 'Webster Way' values. Key environmental initiatives include renovating office spaces to Energy Star standards and retrofitting 80 percent of buildings with energy-efficient lighting. Socially, the company contributed over $4.5 million to nonprofits and recorded 130,000 employee volunteer hours. The report also details the company's focus on community reinvestment, including $35.8 million in community development financing and significant Small Business Administration lending. Governance highlights include a transition in leadership and the maintenance of a robust risk management and control environment.
Company: Webster Financial Corp
Sector: Financials
Country: United States
Year: 2017
Type: SR
Pages: 22
Webster Financial Corp
ESG Report
The report marks Webster Financial Corporation's inaugural environmental, social, and governance disclosure, highlighting its commitment to corporate citizenship and the 'Webster Way' values. Key environmental initiatives include renovating office spaces to Energy Star standards and retrofitting 80 percent of buildings with energy-efficient lighting. Socially, the company contributed over $4.5 million to nonprofits and recorded 130,000 employee volunteer hours. The report also details the company's focus on community reinvestment, including $35.8 million in community development financing and significant Small Business Administration lending. Governance highlights include a transition in leadership and the maintenance of a robust risk management and control environment.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Mar 1, 2018
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available