Community Bank of the Bay
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Community Development
- Environmental Sustainability
Environmental Achievements
- Launched Bay Area Green Fund (BAGF) to finance environmentally sustainable projects and businesses.
Social Achievements
- Gave to 39 local non-profit organizations for a total of $60,814.45.
- Sponsored various community events.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Capital ratios at 82% of peers.
- Concentration in commercial real estate loans 23% above peers.
- Large loan pay-offs in the fourth quarter.
Mitigation Strategies
- Scaled back growth in the second half of 2016 to maintain capital ratios.
- Secured $12 million in new common equity from six institutional investors in March 2017 to support growth.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
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
- Bay Area Green Fund
Awards & Recognition
- Not disclosed