Climate Change Data

Bar Harbor Bank & Trust

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Waste Generated:4 tons/year (technology equipment)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced paper consumption for customers by delivering documents electronically
  • Nearly 30% of our locations utilize high-efficiency LED lighting
  • Opened two state-of-the-art branch locations designed with high-efficiency HVAC systems, LED lighting, low water consumption fixtures, and enhanced weatherization to reduce energy consumption
  • Recycled more than 4 tons of technology equipment in 2020
  • More than 750,000 documents (34% of all documents) were uploaded into digital storage in 2020
  • 94% of employees using electronic deposits for payroll and expense reimbursement

Social Achievements

  • Processed thousands of Small Business Administration’s Paycheck Protection Program loans
  • Donated resources to support essential workers and local non-profit organizations
  • Processed over 550 customized commercial loan modifications and over 350 consumer loan modifications
  • Contributed over $590,000 in charitable donations to over 400 community organizations in 2020
  • Awarded over $67,000 in scholarships to 45 students since 2018
  • Employees contributed over 16,000 hours of volunteer time in the past three years

Governance Achievements

  • Maintained strong management and risk oversight at the Board level
  • Adopted a Code of Conduct and Business Ethics applying to all directors, executive officers, employees, contractors, and consultants
  • Adopted a Code of Ethics for Senior Financial Officers

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic and its impact on customers and communities
Mitigation Strategies
  • Processed thousands of PPP loans, donated resources, maintained continuous service during lockdowns, processed loan modifications, installed walk-up windows at three locations

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • National Community Bank Service Award (2020)