OFG Bancorp
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Data Security
- Financial Inclusion & Capacity Building
- Incorporation of Environmental, Social, and Governance Factors in Credit Analysis
- Business Ethics
- Systemic Risk Management
- Customer Privacy
- Selling Practices
- Discriminatory Lending
- Environmental Risk to Mortgaged Properties
Social Achievements
- 6,068 outstanding loans qualified to programs designed to promote small business and community development with an outstanding balance of approximately $539.4 million.
- 105,538 Cuenta Libre accounts that are not charged a monthly fee.
- Oriental’s staff participated in 20 community trainings attended by 1,129 participants.
Governance Achievements
- No significant monetary losses as a result of legal proceedings associated with fraud, insider trading, anti-trust, anti-competitive behavior, market manipulation, malpractice or other related financial industry laws or regulations.
- Whistleblower Policy publicly available.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB