OUR COMMITMENT TO CORPORATE SOCIAL RESPONSIBILITY

At Banc of California, social responsibility and environmental stewardship reflect our core values.

Our culture and values revolve around building strong relationships with all of our stakeholders – our clients, employees, investors, communities and regulators. We work to strengthen our local economies through community investments, responsible lending, and giving back to charitable and philanthropic organizations. We focus on serving our communities to make a lasting impact, and we believe that banking is not just about financial transactions; it’s about making a positive impact on our environment and communities and driving sustainable change. We are committed to the highest standards of corporate citizenship that are grounded in a culture of integrity and accountability and performance to create long-lasting positive outcomes.

We acknowledge that financial success is closely linked to ethical and responsible practices through environmental, social and governance considerations. To create a significant and positive change, we implement various initiatives that further advance environmental responsibility and social impact, and adhere to best-in-class corporate governance standards. Given the dynamic and evolving nature of the ESG and regulatory landscape, we are dedicated to doing our part, and we recognize the journey is a continual one of growth and progress.

Our 2023 Impact Report highlights our efforts in the areas of environmental sustainability, social impact, diversity, equity and inclusion, community development and reinvestment, corporate governance, business ethics and risk management. With this report, we provide an opportunity to look back at the actions we have taken in the past year and share the impact they have had in the communities where we live and work.
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OUR ESG PILLARS ARE

ETHICAL GOVERNANCE

Banc of California upholds the highest standards of ethical and corporate governance practices. We strive to cultivate transparency, integrity and accountability in our business practices. Upholding regulatory compliance and prudent industry practices are foundational to our governance framework and rooted in our culture of ethics and responsible decision making at all levels of the organization.

ENVIRONMENTAL RESPONSIBILITY

We strive to implement sustainable practices in our operations. This includes reducing energy consumption, optimizing resource utilization, managing waste and promoting green lending projects when possible. Through these efforts, we aim to preserve our communities for future generations.

SOCIAL IMPACT AND RESPONSIBILITY

Banc of California strives to advance diversity and inclusion to positively affect our team members, communities and clients. We support programs and initiatives that address societal challenges, such as affordable housing, education, financial literacy and community development.

2023 CALIFORNIA DIVERSITY AWARD WINNER

ENVIRONMENTAL STATEMENT

At Banc of California, we acknowledge our responsibility to incorporate sustainability into how we conduct our everyday business practices and operations.

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HUMAN RIGHTS STATEMENT

Banc of California is committed to being a responsible corporate citizen, respecting human rights and supporting the protections and advancement of human rights.

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HEALTH AND SAFETY STATEMENT

At Banc of California, we are committed to the physical and mental well-being of our employees. In partnership with our benefits provider, we’ve created a Wellness Program that promotes healthy living.

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SUPPLIER CODE OF CONDUCT STATEMENT

Banc of California is committed to sourcing products and services from third-party providers who respect human rights ethics and have responsible policies and practices wherever possible.

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SUPPLIER DIVERSITY STATEMENT

Banc of California is committed to increasing the use of diverse suppliers and providing an equal opportunity to participate in our procurement process.

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BUSINESS INSIGHTS

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