OUR HUMAN RIGHTS
Banc of California is committed to being a responsible corporate citizen, respecting human rights and supporting protections for, and the advancement of, human rights.
We are guided by our core values of treating everyone with decency and respect that reinforce our culture of integrity and always striving to do the right thing.
Our commitment is further embodied in our Code of Business Conduct and Ethics (Ethics Code) and Whistleblower Policy that have been approved by our Board of Directors. The Ethics Code requires all directors and employees of the Company to adhere to high ethical standards, and addresses, among other items, compliance with laws, rules and regulations; personal conduct; and conflicts of interest. Our Whistleblower Policy provides a forum where our teammates can be proactive in detecting and preventing violations of law, regulations and policies. In addition, we do not tolerate retaliatory action against any employee who has in good faith reported an alleged violation or other improper action.
We strive to provide a safe and healthy work environment for all employees by conducting business in accordance with applicable labor, safety, health, anti-discrimination and other workplace laws. We offer equal employment opportunity and advancement to all individuals and do not tolerate discrimination or harassment. Employment decisions are based on merit, qualifications and abilities. We have mandatory compliance training for all employees that includes ethics, and fair and responsible business practices. Every employee also receives our Company Policies and Employee Guide that covers our labor policies. We also prioritize our team member health and wellness by hosting wellness sessions throughout the year.
Our employee-led Inclusion, Diversity, Engagement and Awareness (IDEA) committee enables employees to voice their ideas, and to lead change, for the betterment of Banc of California. The IDEA Committee brings together voices and ideas to help fuel and foster a culture of diversity, openness and inclusion in all we do. It works closely with our human resources department to ensure our recruitment and talent development efforts promote an environment of inclusion and reflect the communities we serve. Through these efforts, we hope to set an example for others of how proactive inclusion benefits an organization when it values the diversity of viewpoints its workforce may represent.
We strive to work with vendors whose policies and practices are consistent with our own. We set out clear expectations and requirements for our vendors in their management of human rights and other key areas in our Third-Party Provider Code of Conduct. We are committed, wherever possible, to source products and services from providers who respect human rights and ethics, and have responsible policies and practices.
Banc of California and the BANC Foundation support many community organizations by donating, lending and volunteering. Through our employees, we serve on the boards of nonprofit organizations that promote social initiatives that impact our communities. These include, among many others, alleviating hunger, reducing homelessness, advancing affordable housing and providing financial and legal services to individuals in need.
This statement is made available to our organization to create awareness about our commitments and in order to be transparent and accountable to our stakeholders.