COLUMBUS, Ohio, May 5, 2017 /PRNewswire/ -- Huntington
Bancshares Incorporated (www.huntington.com, NASDAQ:HBAN) has
published its initial Environmental, Social and Governance (ESG)
Report, highlighting Huntington's environmental, social and
governance stewardship and financial best practices, and committing
to annual updates on the company's continuous improvement in ESG
performance.
Huntington's ESG Report compiles for the first time social
responsibility efforts in which the company has long been engaged,
increasing transparency for independent assessment and publicly
establishing a performance benchmark toward demonstrating ongoing
improvement.
"Doing the right thing for all of our constituents is ingrained
in our culture at Huntington," said Steve Steinour, chairman, president and CEO.
"Our initial ESG Report will ensure our stakeholders have clear
visibility into what we're doing, what we've already accomplished
and where we're going as a company."
The 2016 report details Huntington's environmental impact, its
socially-responsible efforts with colleagues, customers and
communities, and its governance standards.
Environmental highlights
- Huntington improved its Carbon Disclosure Project score to an
average rating in 2016.
- The company increased paperless statement adoption among
consumer and business customers to more than 66 percent in
2016.
- Goals established for 2017 include incandescent lighting
elimination and ongoing annual energy reduction of at least 2
percent.
Social highlights
- Huntington's 2016 workforce was 68 percent diverse by ethnicity
or gender.
- The company's 2016 vendor spending with diverse business
enterprises exceeded 16 percent.
- Huntington donated $7.5 million
to community organizations and Huntington colleagues logged more
than 24,528 volunteer hours in 2016.
- The company announced its $16.1
billion, five-year community development plan in May.
- J.D. Power, Money Magazine, Kantar TNS, Greenwich Associates
and Bain & Company all recognized Huntington for customer
service excellence in 2016.
Governance highlights
- Huntington formed a Corporate ESG Committee with accountability
to the Board of Directors Nominating and Governance Committee.
- The ESG Report compiles the company's transparency statements
and policies.
- Key workforce ethics trainings are listed.
- Ethical standards for suppliers are shared.
About Huntington
Huntington Bancshares Incorporated is
a regional bank holding company headquartered in Columbus, Ohio, with $100 billion of assets and a network of 996
branches and 1,855 ATMs across eight Midwestern states. Founded in
1866, The Huntington National Bank and its affiliates provide
consumer, small business, commercial, treasury management, wealth
management, brokerage, trust, and insurance services. Huntington
also provides auto dealer, equipment finance, national settlement
and capital market services that extend beyond its core states.
Visit huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated