Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Social Impact
• Governance & Ethics

Environmental Achievements

• Increased the use of e-records and e-signing technology resulting in a reduction of paper waste and carbon emissions.
• Encouraged environmentally-friendly workplace practices by adding water filtration systems to all facilities in order to discontinue the use of disposable plastic water bottles.
• Updated the interior finishes of facilities to include flooring that is UL Environmental Certified or UL GreenGuard Certified and furniture that is LEED Certified.
• Continued a multi-year process of converting all facilities to energy-efficient systems and LED lighting to minimize carbon footprint.
• Supported Pennsylvania Parks and Forest Foundation by hosting a companywide lunch and learn and donating money to plant trees at Boyd Big Tree Preserve in Dauphin County.
• Contributed $7,500 through the Educational Improvement and Tax Credit Program (EITC) to support environmental educational programming.

Social Achievements

• Implemented Human Capital Management practices to enable leaders to better hire talent and manage teams, including goal setting, performance evaluations, succession planning, and learning and development.
• Offered Mid Penn University, offering over 60 instructor-led classes on topics such as technical banking skills, compliance, business development, and more.
• Provided individualized development planning and career planning.
• Offered mentor and emerging leaders programs.
• Formed a Culture Committee to identify, discuss, and plan ways to promote Mid Penn’s corporate culture throughout the bank.
• Offered competitive compensation and benefits packages.
• Established a DEI Committee comprised of employees to further facilitate DEI dialogue.
• Donated $40,500 to various DEI initiatives.
• Mid Penn’s Women’s Leadership Network hosted its annual Empower event and contributed over $16,000 to causes including the YWCA Carlisle and Cumberland Counties, Crime Victim Center of Fayette County, and Bethany House.
• Raised and contributed $2.41 million to 945 organizations through fundraising efforts, educational sponsorship, and community development partnerships.
• Employees volunteered a total of 10,322 hours in the community.
• Participated in the Beyond School Walls program through Big Brothers Big Sisters of the Capital Region, which provides financial education and mentorship to high school students.
• Awarded academic scholarships to deserving high school seniors throughout Pennsylvania.
• Served as an executive board member of the Neighborhood Housing Services of Greater Berks, Inc.
• Bolstered principles of financial literacy through the My Savings Account and Banzai, Inc. programs.
• Supported Tri-County Housing Development Corporation, which develops affordable housing for low- and moderate-income individuals and families; Mid Penn employees served on the board of directors and taught new home-buyer education classes.

Governance Achievements

• Built upon its ESG oversight framework and further outlined its ESG strategy.
• Established an internal committee tasked with driving and monitoring progress on key ESG issues, with a goal of increasing transparency.
• Completed a SASB materiality assessment.
• Added two directors with diverse racial or gender backgrounds in 2021.
• Adopted a policy that, with certain limited exceptions for directors in office prior to January 1, 2020, requires a director to retire at age 70 and limits director tenure to a maximum of 15 years.

Climate Goals & Targets

Environmental Challenges

• Maintaining and protecting information systems and data is challenging and expensive. A breach could result in failures or disruptions in Mid Penn’s systems.
• Risk of cyberattacks.
• Risk management associated with lending to environmentally sensitive industries or properties.

Mitigation Strategies

• Implemented information security program with consideration of guidance and regulations from regulators, third-party auditors, technical frameworks, and industry best practices.
• Has insurance against some cyber-risks and attacks.
• Loans deemed to be of higher environmental risk undergo additional scrutiny to ensure those risks are fully understood and mitigated when possible.
• Regularly performs stress tests analyzing a variety of factors to determine the impact of various scenarios on both capital and earnings.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Awards & Recognition

• Newsweek’s Best Banks (2023, for a third consecutive year)