First Busey Corporation & Busey Bank
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:1.3 million+ kWh (solar since 2019)
Water Consumption:125,000+ gallons conserved
Waste Generated:35,000+ pounds recycled
Carbon Intensity:Not disclosed
ESG Focus Areas
- Associates
- Customers
- Communities
- Shareholders
- Environmental Sustainability
- Corporate Governance
Environmental Achievements
- Reduced electricity usage in buildings by 5%
- Reduced building and gas usage by 8%
- Conserved over 125,000 gallons of water
- Recycled over 35,000 pounds of materials, saving over 300 trees
- Generated more than 1.3 million kilowatt hours of energy from solar since 2019
- Invested over $1 million in energy efficiency upgrades across 12 locations
Social Achievements
- Launched the Green Team with over 75 associates in its first year
- Over 216 internal promotions in 2023
- 25% of hires in 2023 were referred by a Busey associate
- Busey scored 4.31 (out of 5.0) on the Associate Engagement Survey
- Busey associates completed over 59,000 hours of personal and professional development training
- Invested over $8 million in associate training and development since 2014
- Funded over $175 million in mortgage loans to LMI families and/or communities
- Opened over 900 Bridge Checking accounts in 2023
- Hosted over 150 financial literacy workshops in 2023
- Busey associates volunteered nearly 16,000 hours to hundreds of community organizations
- Raised over $110,500 through Pay It Forward Fridays in 2023
- Contributed over $1.06 million in CRA eligible monetary donations and over 2,400 volunteer hours through CRA efforts
Governance Achievements
- Established a robust risk management framework
- Implemented a strong compliance culture and compliance management system
- Maintained a strong internal audit structure reporting directly to the Board of Directors Audit Committee
- Conducted annual organizational business continuity and cybersecurity programs and planning
- Established a comprehensive Information Security Program
- Completed external audits and penetration tests annually
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Utilizing a third-party management program to provide education on and resources for utilizing diverse vendors
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB
Certifications: BankOn
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- America’s Best Banks (Forbes)
- Best Banks to Work For (American Banker)
- BEST Award (Association for Talent Development)
- Best Places to Work in Money Management (Pensions & Investments)
- Best Places to Work in Illinois (Daily Herald)
- Best Companies to Work For in Florida (Florida Trend)
- Best Places to Work in Indiana (Indiana Chamber of Commerce)
- Illinois’ Healthiest Employers (Crain’s Content Studio)
- Healthiest Employers St. Louis (St. Louis Business Journal)