Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Engagement & Investment
• Human Capital
• Sustainability
• Corporate Governance
• Environment
• COVID-19 Response
• Disaster Relief

Environmental Achievements

• Reduced carbon emissions by approximately 13,844 metric tons of CO2 through LED lighting retrofits in 83% of facilities.
• Recycled 874 tons of paper, saving an estimated 14,945 trees, 3.5 million kilowatts of energy, 6.1 million gallons of water, 332,295 gallons of oil, and 2,623 cubic yards of landfill space.

Social Achievements

• Contributed approximately $5.7 million to charitable organizations.
• Volunteered approximately 19,800 service hours.
• Prepared more than 785 federal and 445 state income tax returns at no cost.
• Originated and secured funding for small businesses of $217 million through SBA 7(a) loans.
• Invested $50,000 in BakerRipley’s Entrepreneur Connection program.
• Partnered with NAMMBA to support underserved communities and develop a more diverse mortgage workforce.
• Invested more than $300,000 in loan subsidies for low- to moderate-income borrowers and minority communities.
• Closed 430 loans in excess of $67 million in home mortgages using various programs.
• Originated 1,952 loans for $413 million in low- to-moderate income census tracts, 3,255 loans for $497 million to borrowers with low- to-moderate income, and 2,730 loans for $603 million in majority-minority census tracts.

Governance Achievements

• Maintained a strong system of controls to protect and secure confidential data and information.
• Implemented compliance and training programs for information security.
• No known information security breach.

Climate Goals & Targets

Environmental Challenges

• Continued impacts of the COVID-19 pandemic.
• Several areas impacted by storms in 2021 (Hurricane Ida and Tropical Storm Nicholas).

Mitigation Strategies

• Activated Pandemic Preparation and Response Plan and Crisis Management Plan.
• Implemented remote work-from-home capabilities and flexible work schedules.
• Provided personal protective equipment and followed CDC guidelines.
• Mobilized resources to support teammates and communities in impacted areas (tarping, clean-up, generators, etc.).
• Offered financial relief (fee waivers, loan payment deferrals) to impacted customers.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier diversity program

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• FORBES 2021 World’s Best Banks (two years in a row)
• 2021 America Saves Designation of Savings Excellence
• Business Insurance Magazine 2021 Best Places to Work in Insurance (BXS Insurance)
• FORBES 2021 Forbes Best In-State Banks for Tennessee and Texas (two years in a row)

Environmental Metrics

ESG Focus Areas

• Community Reinvestment
• Diversity, Equity, and Inclusion
• Corporate Governance
• Environmental Sustainability

Environmental Achievements

• Reduced carbon emissions by approximately 17,107 metric tons of CO2 through energy-efficient upgrades.
• Recycled nearly 2.1 million pounds of paper, saving an estimated 17,500 trees.
• 58% of facilities utilize LED lighting, saving an estimated 44.1 million kilowatt hours of energy and approximately $4.4 million in energy costs.

Social Achievements

• Awarded $5.6 million in CRA-eligible grants and contributions.
• Originated more than 2,500 loans totaling $489 million to low- to moderate-income borrowers or in low- to moderate-income census tracts.
• Teammates volunteered over 12,750 service hours.
• 1,425 teammates participated in the United Way Employee Campaign, contributing over $530,000.

Governance Achievements

• 44% corporate board diversity (women & minorities).
• Independent Chief Audit Officer.
• Enterprise Risk Appetite Statement Policy.
• Teammates completed required training on Code of Business Conduct and Ethics as well as Anti-Bribery Anti-Corruption Training.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Diversity Program

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

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

• FORBES 2022 World’s Best Banks (three years in a row)
• FORBES 2022 Best In-State Banks for Arkansas and Mississippi
• America Saves designation of Savings Excellence (eight consecutive years)
• Business Insurance Magazine 2022 Best Places to Work in Insurance
• Mississippi Business Journal 2022 Best Places to Work in Insurance (three years in a row)
• Baton Rouge Business Report 2022 Best Places to Work in Insurance (eight years in a row)
• Transform Magazine: Transform Awards North America 2022 Best Visual Identity from the Financial Services Sector Award

Environmental Metrics

ESG Focus Areas

• Diversity, Equity, Inclusion, and Belonging
• Community Reinvestment
• Corporate Governance
• Environmental Sustainability
• Financial Wellness

Environmental Achievements

• Reduced energy consumption by more than 52 million kilowatt hours through LED lighting retrofits, saving approximately $5.2 million and reducing carbon emissions by approximately 22,563 metric tons of CO2.
• Nearly two million pounds of paper shredded and recycled, saving an estimated 16,887 trees.

Social Achievements

• Received an Outstanding overall rating on the Community Reinvestment Act performance evaluation.
• Originated nearly 1,800 loans totaling $365 million to low- to moderate-income borrowers or in low- to moderate-income census tracts.
• Contributed approximately $7 million to charitable organizations.
• Launched the Cadence Cares Holiday Giving Program, donating $150,000 to 10 nonprofits.
• Teammates volunteered over 12,450 service hours.

Governance Achievements

• Teammates completed required training on Code of Business Conduct and Ethics and Anti-Bribery Anti-Corruption Training.
• Independent Chief Audit Officer.
• Enterprise Risk Appetite Statement Policy.
• Formal engagement process with top institutional shareholders.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Diversity Program

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Financing clean energy initiatives

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

• Forbes 2023 World’s Best Banks
• Forbes 2023 Best In-State Banks for Mississippi
• America Saves 2023 Designation of Savings Excellence