Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community
• Colleagues
• Corporate Stewardship
• Environment

Environmental Achievements

• 1.02MM lbs of CO2 emissions saved
• 21.2 acres of forest saved
• 1.2MM gallons of water saved
• 67,000 lbs of solid waste reduction
• 48% of all statements are eStatements

Social Achievements

• 15,352 volunteer service hours to 905 organizations (up 28% from 2022)
• $5.8MM in contributions and grants to 1,839 organizations
• $245MM in community development loans
• $89MM in investments to foster economic development and affordable housing projects
• $4.6MM in Down Payment Assistance to 353 homeowners
• Adopted 3-year D&I strategic plan
• 600 leaders completed Unconscious Bias Training
• $229,000 in financial assistance provided to team members through the Sunshine Fund
• Up to 12 weeks of Critical Care Time offered
• Up to 6 weeks of parental leave offered
• Employee Assistance Program that offers wellness, financial, health, counseling, and social assistance.

Governance Achievements

• Annual training on ethical obligations, business standards and culture for all employees
• Annual training on sexual harassment for all employees
• Whistleblower Policy
• Conduct Risk Oversight Team
• Formal complaint management program

Climate Goals & Targets

Environmental Challenges

• Climate change could potentially impact the Bank.
• Potential impacts of climate change on IT infrastructure (utilities/telecom outages, facility damage, strain on systems)
• Approximately 4% of SouthState’s loan portfolio is susceptible to high transition risk.

Mitigation Strategies

• Data Center strategy and Business Continuity/Disaster Recovery programs evaluate risks to performance, stability, security and availability of applications and data.
• Active Business Continuity/Disaster Recovery Program
• Annual corporate-wide Business Impact Assessment
• Annual risk assessment for locations including flood, hurricanes, and other natural threats.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• More frequent and stronger storms, hurricanes, severe weather patterns

Transition Risks

• Exposure of loan portfolio to climate-related changes

Opportunities

• Financing for energy efficiency projects through Honeywell Building Technologies’ Energy Savings Performance Contract program

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Banks to Work For by American Banker
• Best Places to Work Alabama
• Top 35 of Forbes’ America’s 100 Best Banks
• Five Greenwich Excellence and Best Brand awards for small business banking
• Forbes’ “Best in State Banks” designation in South Carolina
• #2 on S&P Global’s list of Top 50 Public Banks