Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Community
• Engagement
• Sustainability
• Diversity & Inclusion

Environmental Achievements

• Reduced energy usage at 123 Main Street building by more than 50%, resulting in cost savings of over $246,000 and avoided CO2 emissions equivalent to taking 249 gas-powered cars off the road.
• New LED lighting system in parking garage saved 342 metric tons of CO2 emissions, equivalent to removing 72 gas-powered cars.
• Donated nearly 500 units of electronic equipment, preventing e-waste and providing resources to 31 non-profit organizations.
• 93% of Old National associates received monthly eStatements instead of paper statements.

Social Achievements

• Total grants and sponsorships of $3,230,667.
• Total associate volunteer hours of 94,005.
• Total corporate and associate United Way contribution of $655,157.
• Hosted a community coat drive in Batesville, Indiana.
• First corporate Relay for Life raised $40,000.
• Financial literacy programs implemented for children, adults, and female inmates.
• 100 Men Who Cook events surpassed $1 million raised.
• Old National volunteers served more than 2,000 organizations.

Governance Achievements

• Established separation of Chairman and CEO in 2004.
• Annual election of all directors.
• Maintenance of independence of all non-executive board members.
• ISS score of “1” with third-party validation.
• Executive compensation tied to shareholder value.
• Stock ownership guidelines established for Executive Leadership Group and Board of Directors.
• Appointment of Chief Ethics Officer in 2008.
• Named one of the World’s Most Ethical Companies™ by the Ethisphere Institute for three consecutive years (2012-14).
• Ethics Inside™ Certification from Ethisphere for five consecutive years.
• Creation of an enterprise-wide Risk Appetite Statement.

Climate Goals & Targets

Environmental Challenges

• Managing risk in a challenging risk climate, especially as assets surpassed the $10 billion mark and increased compliance measures under the Dodd-Frank Act.
• Meeting the increasing need for financial education.

Mitigation Strategies

• Continuously evolving Enterprise Risk Management, including internal training, improved peer channels for risk monitoring, stress testing, and a proactive approach to regulatory compliance.
• Developing partnerships with organizations like Junior Achievement and Girl Scouts to expand financial literacy programs.
• Creating an enterprise-wide Risk Appetite Statement to guide risk management improvement and capital allocation.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• World’s Most Ethical Companies™ (Ethisphere Institute)

Environmental Metrics

ESG Focus Areas

• Community Responsibility
• Ethics
• Governance
• Diversity & Inclusion
• Volunteerism
• Financial Education
• Community Development

Social Achievements

• More than 66,500 volunteer hours donated by team members in 2019, reaching a milestone of over 1 million volunteer hours since 2005.
• Nearly $9 million raised through 100 Men Who Cook event over 10 years.
• Over 21,300 people reached with financial literacy sessions in 2019.
• Approximately $270 million in Community Reinvestment Act-eligible community development loans.
• $3.9 million in Affordable Housing Program (AHP) grants supporting 298 affordable housing units.
• Launched Achieve Your Degree program, empowering 170+ team members to continue their education.
• $1.2 million committed to COVID-19 relief efforts.

Governance Achievements

• Executive compensation tied to shareholder value.
• Maintenance of independence of non-executive board members.
• Strong Internal Audit structure.
• Women and minorities comprise 39% of ONB Corporate Board and 36% of Operating Group.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its economic impact.

Mitigation Strategies

• Policy and procedural changes for team members.
• Hardship support and Paycheck Protection Program assistance for clients.
• Monetary and volunteer help for community partners.
• Banking centers remained open with appointment-only and drive-thru service.
• Loan extensions, deferrals, and forbearance granted to clients.
• Fees waived and refunded.
• Resources and information shared via various channels.
• Penalty-free CD withdrawal allowed.
• Enabled 1,000+ team members to work remotely.
• Granted additional paid time off and sick time.
• Expanded leave policy for at-risk team members.
• Expanded internal “ONe Wish” program.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• World’s Most Ethical™ Company (nine straight years)
• Leading Disability Employer
• 100% score on Disability Equality Index
• Military Friendly Employer
• Bloomberg Gender-Equality Index
• #31 in 50 Out Front Best Place to Work for Women and Diverse Managers
• 90 out of 100 on Human Rights Campaign Corporate Equality Index

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Client Service
• Team Member Growth and Development
• Diversity, Equity and Inclusion
• Community Engagement
• Sustainability

Environmental Achievements

• Remodeling five banking centers with LED lighting and energy-efficient HVAC systems.
• Donated nearly 8,000 pieces of refurbished computer equipment over the past decade (522 in 2022), saving 29,095 pounds of e-waste from landfills and 154.92 metric tons of carbon dioxide from the atmosphere.

Social Achievements

• Invested approximately $10.5 million in communities through charitable giving.
• Team members devoted 46,739 volunteer hours.
• Launched Empowerment Small Business Loan Program to increase access to capital for underserved communities.
• Introduced Zelle® for digital payments.
• Implemented DocuSign for commercial loans.
• Added Spanish language option to online and mobile banking platforms.
• Created a Mental Health Matters intranet resource page.

Governance Achievements

• Named to the Ethisphere Institute’s World’s Most Ethical Companies® list for the 11th consecutive year.
• Executive compensation tied significantly to performance.
• 44% of Old National Corporate Board and 45% of Executive Leadership Team are women and/or people of color.
• 100% of team members completed risk-based compliance training.

Climate Goals & Targets

Environmental Challenges

• Addressing the wealth gap faced by entrepreneurs of color.
• Cybersecurity threats.

Mitigation Strategies

• Pilot Empowerment Small Business Loan Program using a non-traditional model.
• Devoting significant resources to cybersecurity, partnering with technology companies, providing team member training, and maintaining open communication with government agencies.

Supply Chain Management

Responsible Procurement

• Supplier diversity program with a target of up to 30% of eligible spend with diverse suppliers.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Awards & Recognition

• World's Most Ethical Companies
• American Bankers Association’s Community Commitment Award
• Corporate Engagement Award of Excellence
• Bloomberg Gender-Equality Index
• Military Friendly Employer
• DiversityMBA Fifty Out Front
• National Organization on Disability
• Disability Equality Index

Environmental Metrics

ESG Focus Areas

• Governance and ethics
• Client service
• Team member growth and development
• Diversity, equity and inclusion
• Community engagement
• Sustainability

Environmental Achievements

• Donated nearly 8,000 pieces of refurbished equipment to nonprofits through partnership with PCs for People, reducing e-waste and promoting digital inclusion.
• Implemented automation technologies resulting in significant cost savings and carbon dioxide emission reduction (~225 metric tons).

Social Achievements

• Launched Empowerment Small Business Loan Program, generating nearly $30 million in loans for 72 clients.
• Team members donated 57,369 volunteer hours (valued at $1.8 million), participating in Better Together Days with 7,223+ hours of service across 175 organizations.
• Invested $11.8 million in communities through charitable giving.
• Provided financial education classes and workshops impacting 14,320 individuals.

Governance Achievements

• Implemented AuditBoard software to enhance GRC programs.
• Maintained an ethics-centered culture with mandatory ethics training for all team members and a confidential ethics hotline.

Climate Goals & Targets

Environmental Challenges

• Liquidity issues in the financial industry (March 2023)
• Tragic act of violence in Louisville (April 2023)

Mitigation Strategies

• Expanded commitment to underserved communities through the Empowerment Small Business Loan Program.
• Provided immense support to affected team members and the Louisville community.
• Organized Better Together Days volunteer event to pay forward received support.

Supply Chain Management

Responsible Procurement

• Supplier diversity program

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Awards & Recognition

• Newsweek's America’s Most Trustworthy Companies
• Bloomberg Gender-Equality Index
• Military Friendly Employer
• CEO Act!on for Diversity & Inclusion
• National Organization on Disability
• Disability Equality Index
• Forbes America's Best Midsize Employers