Climate Change Data

Trustmark Corporation

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Water Consumption:4.23 million gallons saved
Waste Generated:4.23 million pounds of paper shredded

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Held 28 community shredding events, shredding 4.23 million pounds of paper and saving 10,336 trees.
  • Invested $629,000 in LED lighting conversion projects, saving 229,800 gallons of oil and enough energy to power 72 average-sized homes for a year.
  • Donated 225 items of gently used office furniture and accessories to nonprofits.
  • Implemented disaster recovery and business continuity plans ensuring minimal service disruptions during weather events.

Social Achievements

  • Created My Choice Day, an additional paid annual holiday for associates to pursue personal interests, including volunteering.
  • Partnered with Operation HOPE, providing free financial counseling to over 450 clients and resulting in an average FICO score increase of +17.
  • Partnered with Commonwealth National Bank through Project REACh, providing commercial loan participations and advisory services.
  • Invested $9 million in Super-Pufft expansion, creating jobs and supporting workforce development in Perry, Florida.
  • Invested in low-income housing tax credit funds, creating residential and commercial developments.
  • Contributed $1.4 million through the Mississippi Children’s Promise Tax Credit Program.
  • Supported Healthcare for the Homeless-Houston financially and through associate volunteerism.
  • Supported HopeWorks, helping incarcerated individuals plan for life after release.
  • Donated $25,000 to establish an endowed scholarship at Jackson State University.
  • Provided free office space to the Children’s Volunteer Health Network, saving the organization $18,000 annually.

Governance Achievements

  • 9 of 12 Trustmark directors are independent.
  • Adopted formal charters for the board and its committees.
  • Established a CEO succession planning process.
  • Implemented diversity and inclusion (D&I) training for all associates.
  • Created the Emerging Talent Program to foster career development for high-performing associates.
  • Established a Diverse Market Team to promote financial equity and access in underserved communities.

Climate Goals & Targets

Environmental Challenges

  • Continued challenges related to COVID-19.
  • Extreme weather events linked to climate change.
Mitigation Strategies
  • Implemented COVID relief initiatives for associates (additional sick days, remote work policies, on-site vaccinations).
  • Adopted COVID measures for customers (uninterrupted service, open drive-thrus, robust digital platforms).
  • Developed well-defined disaster recovery and business continuity plans to minimize disruptions from weather events.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes
  • Tornadoes
  • Floods
  • Ice storms

Awards & Recognition

  • Forbes Best-In-State Banks of 2021
  • Numerous local awards