OUR COMMITMENT TO CORPORATE SUSTAINABILITY

At Banc of California, our commitment to sustainable business practices is closely tied to our core values. We are focused on building a strong and valuable company and achieving long-term business success.

We are committed to doing our part to help create a better world and life for our employees, clients, stockholders and the communities we serve. We believe that governance and responsible business practices are vital components of long-term sustainability. We strengthen local economies through community investments, responsible lending, employee engagement and philanthropic giving. These efforts support capacity-building efforts in the communities where we live and work.

As a California-based bank, we are committed to fulfilling our obligations under newly enacted climate disclosure regulations. We strive to balance competing priorities to ensure long-term value for our stakeholders and work to continuously improve our ability to manage risk, create impact, and contribute positively to support and uplift our communities. Our 2023 Impact Report highlights our sustainability efforts supporting Ethical Governance, Sustainable Practices and Community Impact. This report allows us to reflect on our actions over the past year and share how we have built, grown and thrived as a community. Our 2024 Impact Report will be released later this year, and our Task Force on Climate-Related Financial Disclosure (TCFD) Report will be available in early 2026, in accordance with California regulations.
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OUR SUSTAINABILITY 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.

SUSTAINABLE PRACTICES

We strive to implement sustainable practices in our operations, which include reducing energy consumption, optimizing resource utilization, managing waste, and addressing climate risks and opportunities. Through these efforts, we aim to preserve our communities for future generations and ensure transparency in our disclosures to support California’s climate and regulatory requirements.

COMMUNITY IMPACT

We are committed to making a positive impact and fostering sustainable growth in the communities we serve. Our efforts include partnering with local organizations to provide affordable housing solutions, offering scholarships and educational resources, promoting financial literacy through workshops, and investing in community development projects that enhance the quality of life for residents.

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