Pathfinder Bancorp, Inc.
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Global economies and markets are extremely volatile due to the uncertain impacts correlated to the COVID-19 spread.
- High demand for US Treasuries has brought longer-term interest rate yields to unprecedented lows.
Mitigation Strategies
- Ongoing evaluation of business continuity planning, balance sheet structure and pricing, interest rate and liquidity risks, potential impacts of economic slowdown on credit portfolios, and communication with employees and customers.
- Thoughtful management of short and longer-term impacts of uncertainty and volatility.