Environmental Social Governance
In 2022 Ponce Bank formalized its Environmental Social Governance (ESG) strategy and established a management ESG Committee to oversee its implementation. To support transparency, Ponce Bank is committed to using Sustainable Accounting and Standards Board (SASB) metrics to review Ponce’s alignment with best ESG practices. De la comunidad. En la comunidad. Para la comunidad. As part of our efforts Ponce Bank joins our efforts to the global push for lasting change with the adoption of four United Nations Sustainable Development Goals
Of the community. In the community. For the community.
Ponce Bank Financial Mastery programs offer life-long learning opportunities to all ages on a variety of topics related to money, banking, and business. By financing developments in affordable housing and commercial developments, Ponce is supporting the infrastructure of our neighborhoods today and in the future.
We provide all of our employees with a living-wage and respectful work environment and support our local businesses so they can do the same.
Since our founding Ponce Bank has worked directly with our community to redress historic systemic unequal access to financial products and services.
SOCIAL IMPACT
Ponce Bank is committed to diversity, equity, and inclusion. We strive to create a work environment where all are welcome regardless of race, color, religion, gender, sexual orientation, gender identity, national origin, age, genetic information, marital status, amnesty, disability, veteran status, and medical condition or diagnosis. Ponce Bank has created a workplace culture of respect and collaboration that supports our employees. Our employees carry that respect into every interaction with our customers and community.
Minority Bank executives and senior level managers 56%
Female Bank executives and senior level managers 31%
Percent of staff identifying as Minority 86%
GOVERNANCE Leadership at Ponce Bank is “De la Comunidad” bringing unique and varied perspectives into Ponce Bank
75% of our Board Directors are 1st or of 2nd generation immigrants.
75% of the Board is independent* * the majority of board members are required to be independent
“Social equity has no bounds” -Carlos Naudon, Ponce Bank President & CEO
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