Climate Change Data

Pacific Premier Bancorp, Inc.

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Equitable Impact
  • Community Support
  • Environmental, Social, and Governance (ESG)

Social Achievements

  • Launched Equitable Impact Initiative, a multi-year $50 million commitment to reduce social and economic disparities in underserved communities.
  • Invested $30 million in SoLa Black Impact Fund to support prosperity and racial equity within Black and Brown communities.
  • Invested $15 million in SDS Supportive Housing Fund to finance approximately 1,800 new units of permanent supportive housing.
  • Donated $150,000 to LISC LA to support its efforts in transforming underserved neighborhoods.
  • Donated $5 million to Community Capital Management's Minority CARES initiative.
  • Donated $500,000 over two years to the California Reinvestment Coalition (CRC) Resilience Fund.

Governance Achievements

  • Received the best available QualityScore composite rating for Governance from Institutional Shareholder Services (ISS).

Climate Goals & Targets

Environmental Challenges

  • Ongoing pandemic
  • Supply chain disruptions
  • Labor shortages
Mitigation Strategies
  • Leveraging the expanded capabilities of our larger and more diverse organization
  • Investing in technology to support and drive growth

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), United Nations Sustainable Development Goals (SDGs)