Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Development
• Employee Well-being
• Environmental Sustainability

Environmental Achievements

• Earned two Guam Green Growth (G3) badges for the UN Sustainable Development Goals, 'No Poverty' and 'Zero Hunger'.
• First annual Founder’s Day of Giving resulted in the collection of over 8,000 pounds of trash.

Social Achievements

• Financially empowered 760 lives through various programs.
• Launched GIVE by Bank of Guam, an employee-driven giving stream, resulting in over $2,500 donated to 22 causes.
• Donated $25,000 to five key community organizations.
• Supported the Guam Women’s Chamber as a Financial Sustainability partner.
• Sponsored a Junior Achievement in-school company team, mentoring 20 high school students.
• Continued Mission 100 initiative, collecting over 10,000 school supplies and $8,000 in monetary donations.

Governance Achievements

• Graduated 34 Advanced Banking Professionals through engagement with The Emmerich Group.
• Implemented a sales-driven culture focused on value and customer relationships.

Climate Goals & Targets

Environmental Challenges

• Pandemic disruptions impacting operations and community engagement.
• Shifting consumer behavior towards digital banking requiring branch footprint adjustments.

Mitigation Strategies

• Increased accessibility with upgraded ATMs and digital banking platforms.
• Closed Dededo and Harmon branches and consolidated Chalan Piao Facility with Garapan Branch.
• Invested in digital banking capabilities and In-Branch Wi-Fi.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 1: No Poverty
• Goal 2: Zero Hunger

Initiatives such as financial literacy programs, scholarships, and community outreach contribute to poverty reduction and food security.

Awards & Recognition

• 2021 MarCom Platinum Award: Annual Report
• 2021 Marcom Platinum Award: Corporate Social and Environmental Responsibility
• 2021 Marcom Platinum Award: Team Achievement Communications & CSR Department
• 2021 ABA Brand Slam Awards: Best in Crisis Communications and Social Media Campaign

Environmental Metrics

ESG Focus Areas

• Community Development
• Employee Development
• Financial Literacy
• Environmental Sustainability

Environmental Achievements

• Reduced paper recycling and electricity burdens (goal set, progress not quantified)
• Various community projects focusing on island beautification

Social Achievements

• Continued commitment to community development services, including financial literacy seminars and presentations to various audiences.
• Founder’s Day of Giving with community volunteer projects.
• Various sponsorships and donations to youth empowerment, financial literacy, civic and community programs, health and wellness, and arts, music and culture.
• Maree Pelkey Sgro earned CFP certification.
• BankGuam Insurance agents passed Life and Health Insurance exams.
• Familia Ambassador Program conversion of Saipan, Tinian, Rota, and Palau branches.
• Tamuning Branch transformed into Branch of the Future Model.

Governance Achievements

• Maintained capital ratios well above regulatory requirements.
• Maintained capital buffer, allowing shareholder rewards.
• Overall satisfactory rating from the Federal Deposit Insurance Corporation.

Climate Goals & Targets

Environmental Challenges

• Ongoing Covid-19 pandemic
• ANZ Guam's departure from the local market

Mitigation Strategies

• Purchased ANZ Guam's loan portfolio, welcoming more customers.
• Continued focus on digital transformation to improve customer experience and efficiency.
• Investments in technology, infrastructure, and employees.

Supply Chain Management

Responsible Procurement

• Partnership with local businesses for uniforms and other supplies

Climate-Related Risks & Opportunities

Awards & Recognition

• AVA Digital Awards: Gold - Website Redesign, Gold - Proud to be the People’s Bank - Culture/ Lifestyle Video, Platinum - Proud to Be 50 - Branding Campaign, Platinum - 2021 Annual Report, Platinum - Proud to Be 50 - Culture/Lifestyle Video, Platinum - We Turned 50 Video, Platinum - Proud to Be the People’s Bank Video