Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Customized Solutions for Members
• Colleagues
• Communities
• Climate

Environmental Achievements

• 100% replacement of fluorescent lighting in the interior dock corridor with energy-efficient LED lighting
• 95% replacement of exterior safety and security lights with energy-efficient LED lighting
• 82% reduction in the number of color printers, along with setting remaining printers to default to two-sided printing to reduce paper use
• 9% reduction in the number of scanners we use
• Implemented 33 additional automation projects to increase workflow efficiencies, digitize knowledge and reduce waste

Social Achievements

• Launched ReStart and Returnship programs for women returning to the workforce
• Provided $69,000 in monetary support to Irving Schools Foundation
• Supported United Way of Metropolitan Dallas through in-kind donation drives
• Recruited three interns from HBCUs
• 96% of employees participated in United Way donation drives

Governance Achievements

• Formed ESG Committee, Climate Risk Subcommittee, and Sustainability Subcommittee
• Named ESG Officer
• Reorganized the Office of Minority and Women Inclusion Committee (OMWI) as an ESG subcommittee
• 30.3% of the Bank’s spending on procurement of goods and services was with women-, minority- and disabled-owned businesses

Climate Goals & Targets

Environmental Challenges

• Reducing paper processes
• Increasing operational efficiencies through automation and technology
• Developing more sustainable programs and products for members
• Recruiting and empowering women in financial services
• Expanding diversity, equity and inclusion efforts
• Maximizing sustainability and energy efficiency of owned building

Mitigation Strategies

• Implemented several automations that directly reduced paper usage
• Provided e-sign platform training to all employees
• Developed an ESG Advance product
• Established ReStart and Returnship programs
• Increased focus on recruiting interns from HBCUs
• Commissioned energy and water audits; commissioned a green/healthy building audit

Supply Chain Management

Responsible Procurement

• 30.3% of spending on procurement of goods and services was with women-, minority- and disabled-owned businesses

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters

Opportunities

• Development of energy-efficient products and practices

Reporting Standards

Frameworks Used: SASB

Third-party Assurance: PricewaterhouseCoopers LLP (PwC) - Limited assurance engagement

Sustainable Products & Innovation

• ESG Advance product

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Customized Solutions for Members
• Colleagues
• Communities
• Climate

Environmental Achievements

• Eight-point improvement in Energy Star score; totaling 59
• Upgraded Heating, Ventilation, and Air Conditioning (HVAC) hardware and software to improve energy efficiency
• 60+ low flow equipment upgrades to realize reduction in water consumption
• Pursuing a Green Globes® certification
• Reduced power consumption leveraging HVAC system occupancy schedules
• Obtained a certificate of recycling for metals, electronics and broken wooden pallets that totaled 3,022 pounds
• Improved water conservation capabilities by enhancing owned-property water infrastructure
• Recycled more than 250 pounds of K-Cups

Social Achievements

• Executed on a summer internship program which encourages the inclusion of minority and women applicants
• Bank-wide Diversity, Equity and Inclusion training
• Promoting affordable housing through our commitment to build a Habitat for Humanity home every three years
• Completing ESG training for members of the executive team, the ESG Committee and its subcommittees
• Expanding the Small Business Boost (SBB) program, which provides loans to our members for qualified small businesses
• Provided three employees and the children of 13 employees with tuition assistance
• Launched two programs, ReStart and Returnship, designed to reintegrate women into the workforce after an extended hiatus

Governance Achievements

• Established a Knowledge and Skills Training Library
• Refined business processes for greater operational efficiency
• Diversified our workforce through improved hiring practices
• Upgraded our facilities for reduced energy and water consumption
• Offered opportunities for accessible financing options to our community members in need

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• 31.9% of the Bank’s spending on the procurement of goods and services in 2023 was with women-, minority- and disabled-owned businesses

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: PricewaterhouseCoopers LLP (PwC)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed