Five Star Bancorp
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Saved approximately 690 trees through paper waste reduction program.
- 3 of 10 office locations designated as Sacramento Area Sustainable Business offices.
- Increased Sustainable Home Improvement (SHIL) loan portfolio by 10% year-over-year.
- Funded over 200 SHIL micro-loans in 2022.
Social Achievements
- Hosted "Women in Business" event connecting entrepreneurs and leaders.
- Supported educational institutions (Cristo Rey High School, Capital College & Career Academy, City Year Sacramento, Sacramento State University, University of the Pacific, UC Davis).
- Financed the build-out of a 128-bed medical care facility for the unhoused.
- Promoted 43 employees in 2022, 27 of whom were women and 29 from diverse backgrounds.
- Volunteered 1,651 hours across 34 organizations (8.7 hours per full-time employee).
Governance Achievements
- Board of directors evaluated independence of members based on Nasdaq and SEC rules.
- 82% of the board are independent directors.