Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Advancement
• Equal Opportunity
• Diversity and Inclusion
• Climate Change
• Risk Management
• Talent Acquisition and Retention
• Responsible Investing
• Data Privacy and Security
• Fair and Responsible Banking

Environmental Achievements

• Reduced energy consumption from 24,634,321 kWh in 2022 to 24,048,341 kWh in 2023
• 33% of company-owned facilities have energy management systems
• Saved 14,664 trees through recycling in 2023
• 33% renewable energy in 2023 (estimated)

Social Achievements

• Company and BOKF Foundation contributed $9.0 million in 2023 to communities
• $1.09 million donated specifically to underserved minority communities
• Employees volunteered 50,000+ hours, 400+ served on nonprofit boards
• $2.6 million generated for local United Way organizations
• 8.5% enterprise spend with diverse suppliers in 2023
• All-time high employee engagement in 2023
• Employee turnover below industry levels at 14.0% in 2023
• 28% people of color and 33% women in 2023 ACT and intern classes
• Over 12,000 hours devoted to employee personal and professional development in 2023
• 225 mentors/mentees participated in the “Achieving More Together” mentor program in 2023 (34% of mentees were people of color and 50% were female)
• 21 Communities of Practice with 3,051 employee members

Governance Achievements

• Annual review and approval of Standards of Conduct by the Audit Committee
• Annual training for all employees on Standards of Conduct and compliance
• Independent third-party management of Risk Reporting Hotline
• Robust BSA/AML compliance program
• Comprehensive fraud risk management program
• Strong cybersecurity program overseen by the Risk Committee
• Annual pay equity analysis
• Maintained an Outstanding Community Reinvestment Act (CRA) rating since 2013

Climate Goals & Targets

Environmental Challenges

• Balancing environmental goals with social impacts of energy costs
• Maintaining trust in the financial services industry following bank failures
• Evolving cybersecurity threats
• Managing fraud risks

Mitigation Strategies

• Disciplined risk management philosophy
• Investments in talent and future growth
• Strategic use of technology to improve efficiency and reduce environmental impact
• Continuous investment in cybersecurity people, processes, and technology
• Extensive preventative and detective controls to mitigate fraud risks
• Collaboration and intelligence sharing to stay ahead of fraud trends

Supply Chain Management

Responsible Procurement

• Developing an inclusive supply chain with diverse vendors

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Awards & Recognition

• 2023 Top Inclusive Workplace by Mosaic
• 2023 Veteran Employer Champion award
• One of the nation’s top six regional companies by DiversityInc® (now Fair360®)

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Increased AI spending by mega-cap technology companies without a commensurate profit stream in the near term.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Inflation impacting consumer spending

Mitigation Strategies

• Hope for government policies to improve growth while limiting inflation

Supply Chain Management

Climate-Related Risks & Opportunities