Federal Home Loan Bank of Indianapolis
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Affordable Housing
- Community Development
- Diversity, Equity, and Inclusion
- Environmental Sustainability
- Employee Well-being
Environmental Achievements
- 38,000+ plastic bottles saved since installing water bottle filling stations in 2020
- 300+ trees saved in 2023 through shredding and recycling sensitive documents
- 5,000+ pounds of electronics recycled
- 360 tubes of fluorescent lighting recycled
- Encouraged recycling and waste management through readily available recycling options and source reduction initiatives.
Social Achievements
- Allocated over $30 million for community investment programs
- Introduced the HomeBoost minority downpayment assistance program, assisting 159 first-time minority homebuyers
- Launched the Money Masters Scholarship Program for under-resourced young adults
- Awarded $1,568,577 in HOP grants to 160 households
- Awarded $6,219,764 in NIP grants to 690 households
- Awarded $814,218 in AMP grants to 88 households
- Funded 38 small businesses through Elevate Small Business Grant Program
- Supported 36 affordable housing projects, totaling 1,371 units
- Over $6.5M spent with diverse vendors
- 58% of employees identified as female and/or minority
- 54% of promotions went to diverse employees
- 68% of new hires identified as women and/or minorities
- Employees volunteered over 1,520 hours
Governance Achievements
- Established the Office of Diversity, Equity and Inclusion (ODEI) in 2010
- Held the largest Diverse Supplier Summit to date, with 10 FHLBanks participating and 20 diverse suppliers
- Established five employee-driven committees to support DEI initiatives
- Companywide learning and growth goal requiring at least 10 hours of training
Climate Goals & Targets
Environmental Challenges
- Tumultuous geopolitical environment
- Turmoil within the global banking industry
Mitigation Strategies
- Remained focused on priorities: putting members first and serving communities
- Hosted regional outreach pop-up events to connect with members
- Commissioned a study to review affordable housing and economic development needs
Supply Chain Management
Responsible Procurement
- Over $6.5M spent with diverse vendors
Climate-Related Risks & Opportunities
Awards & Recognition
- Company That Cares award from the United Way of Central Indiana