COLUMBUS, Ohio, May 30, 2018 /PRNewswire/ -- Huntington
Bancshares Incorporated (NASDAQ:HBAN) has published its
Environmental, Social and Governance (ESG) Report, which highlights
Huntington's commitment to colleagues, customers and communities
and in delivering sustainable, long-term value to
investors.
Huntington's ESG Report compiles social responsibility efforts
in which the company has long been engaged, further increasing
transparency for independent assessment and publicly updating a
performance benchmark
"At Huntington, we are purpose-driven to make people's lives
better, help businesses thrive and strengthen the communities we
serve," said Steve Steinour,
chairman, president and CEO. "We are proud of our colleagues'
ongoing efforts to build healthy, sustainable neighborhoods with
economic opportunity for all."
The 2017 report details Huntington's environmental impact, its
socially-responsible efforts with colleagues, customers and
communities and its governance standards.
Highlights include:
- Investing in Colleagues: Throughout 2017, Huntington
made additional investments in colleagues including raising the
minimum starting salary to $15.00-$17.60 per
hour, increasing 401(k) plan matching contributions and
implementing a new caregiver leave program. Huntington also revised
and expanded its maternity leave policy, expanded its scholarship
program and increased military benefits and support throughout a
deployment cycle.
- Commitment to Inclusion: Huntington increased diversity
in upper management from 40.8% in 2016 to 42% in 2017, with 67.5%
diversity across the total workforce. In 2017, Huntington increased
its supplier diversity spend to 16.9%, exceeding the 11% industry
average. Huntington further committed to inclusion by ensuring
gender neutral bathrooms in all major employment centers. In 2017,
Huntington received the Leading Disability Employer
SealTM, earned a perfect score of 100% on the 2017
Disability Equality Index and was recognized by the Human Rights
Campaign Foundation as one of the Best Places to Work for LGBTQ
Equality.
- Strengthening Neighborhoods: In 2017, Huntington
exceeded year one expectations with 31% progress-to-goal for its
$16.1 billion five-year community
plan. Huntington invested in communities with $863 million in community development loans,
$326 million in community investments
and more than 4,600 affordable housing units. Huntington also
remained the number one SBA lender in its eight-state footprint
since 2009, with 4,065 loans in 2017. Through the Huntington Home
Savers Program, 2,145 customers received mortgage assistance in the
past year and more than 25,000 customers have averted foreclosure
and stayed in their homes since the program began in 2008.
Huntington began a new program in 2017, which waived closing costs
in VA loans.
- Deepening Sustainable Practices: Huntington converted
all interior and exterior signage across all markets to energy
efficient lighting and generated 587,100 kWh of wind and solar
electricity. Huntington increased ENERGY STAR® scores by 5%
surpassing its goal of 4% annual increase for five years.
Huntington recycled 1,392,305 pounds of paper and 1,713
electronics. Huntington also opened the Huntington Gateway Center,
a 210,000 square-foot sustainability facility featuring
Ohio's first Spotlight solar
trees, daylight harvesting technology and electric vehicle charging
stations. In 2017, Huntington put forward a five-year commitment to
further reduce its carbon footprint, enhance its sustainability
supply chain and increase colleague involvement by 2022.
About Huntington
Huntington Bancshares
Incorporated is a regional bank holding company headquartered in
Columbus, Ohio, with $104 billion of assets and a network of 966
branches and 1,848 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 www.huntington.com for more information.
View original content with
multimedia:http://www.prnewswire.com/news-releases/huntington-bank-2017-environmental-social-and-governance-report-benchmarks-corporate-social-responsibility-performance-300656525.html
SOURCE Huntington Bancshares Incorporated