CITY HOLDING COMPANY
Climate Impact & Sustainability Data (2019, 2021, 2023)
Reporting Period: 2019
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Utilizing sustainable elements and processes when remodeling/renovating branch locations and other offices
Social Achievements
- Encouraging and supporting employees in local volunteer efforts
- Providing start up and growth capital through loans to local innovators and entrepreneurs
- Promoting affordable housing projects
- Investing in economic and community development projects
- Supporting chambers of commerce, business accelerators and other organizations, including those focused on minority and women-owned businesses
- Donating to aid organizations that support those in need across our footprint
Governance Achievements
- Separation of CEO and Chairman roles
- Annual review of succession plans for senior management and the CEO
- Annual assessment of senior leaders' potential to succeed at key senior management positions by the CEO
- Annual evaluation and assessment of directors’ independence by the Independent Directors
- Compliance with Nasdaq’s diversity requirement
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
Social Achievements
- Introduced the "Integrity in Action" program to provide employees with additional resources to protect the company and uphold high standards.
- Average quarterly employee turnover rate in 2023 was under 7%.
Climate Goals & Targets
Environmental Challenges
- Climate change presents risks to the Company and its customers, including operational risk from physical effects of climate events, credit risk from borrowers with climate exposure, transition risks, and reputational risk.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- physical effects of climate events on the Company and its customers’ facilities and other assets
Transition Risks
- transition to a less carbon-dependent economy