Hanmi Releases 2022 Environmental, Social and Governance (ESG) Report
April 19 2022 - 9:00AM
Hanmi Financial Corporation (NASDAQ: HAFC or “Hanmi”), the parent
company of Hanmi Bank (the “Bank”), released its 2022
Environmental, Social and Governance (ESG) Report on April 15,
2022.
“Hanmi is a community bank that believes long-term corporate
value is derived by investing in the communities we serve,” said
Bonnie Lee, President and Chief Executive Officer of Hanmi. “Our
ESG Report reflects our continued desire to provide transparency
into our efforts around environmental, social and governance
issues. We believe our commitment to doing what is right for our
customers, employees, stockholders, and our broader community will
ensure that Hanmi is well positioned to continue sustainable growth
into the future.”
To learn more about Hanmi’s ESG efforts and to view the report
in full, visit
https://investors.hanmi.com/corporate-governance/esg.
Among the many areas this report covers, key highlights
include:
Supporting our Community:
- Over the past four years, Hanmi
employees have spent almost 2,500 hours volunteering in the
community. In addition, Hanmi has donated over $1.5 million in the
last four years to various organizations throughout our
communities.
- Since 2016, Hanmi has provided over
$785,000 in scholarships, assisting 354 diverse students, from
elementary to college level, across 12 states through The Hanmi
Bank Dream Scholarship for At-Risk Youth Program. This provides
educational support to at-risk youths to help them achieve their
educational goals and future dreams.
- Hanmi has continued its support of
local non-profit organizations at pre-pandemic levels. In 2021, we
supported non-profit organizations in the local community, donating
$350,000 to our partner organizations. In February 2022, Hanmi made
a long-term commitment of $7.5 million to a Community Reinvestment
Act fund, with an initial investment of $830,000.
Supporting our Employees and Environment:
- Hanmi is focused on the growth and
development of our talent. Through the 2021 Annual Review process,
we promoted 15% of our workforce for their commitment to
excellence.
- Through Hanmi Banking School, the
Corporate Learning and Development department offers a variety of
programs to empower employees with the knowledge and skills they
need to be successful and remain competitive.
- In 2021, we launched the Hanmi
Credit Trainee Program, which allows qualified talent with no prior
banking experience entry into a 12-month program with internal and
Moody’s Analytics training courses.
- During the COVID-19 pandemic, Hanmi
created safe and healthy environments for our employees and
customers. In addition, we recognized our essential branch staff
with special bonuses and meal stipends for their continued efforts
during the pandemic.
- Hanmi offered an assortment of
Wellness Efforts during 2021, including offering employee
challenges to earn rewards, on-site flu vaccinations, COVID
vaccination raffles. In 2021, we issued a Wellness Day to all
employees to take a well-deserved break to rest, maintain overall
health, and connect with friends and family.
- Hanmi continues its efforts to
mitigate our environmental impact. Our Corporate Real Estate team
looks for opportunities to further environmentally sustainable
practices. In 2021, Hanmi Financial Corporation moved its
headquarters to the Wilshire Grand Center, a LEED certified space
furthering environmentally sustainable practices in Downtown Los
Angeles.
Supporting Board Diversity:
- We are proud to have a majority
diverse Board with complementary core competencies. Our diverse
Board consists of 30% women and 70% gender/ethnic diversity, and
have broad experience in business, finance, accounting, risk
management, strategic planning, marketing or administration.
“As we celebrate Hanmi’s 40-year history, we are proud to
highlight our accomplishments on behalf of our customers and our
communities,” continued Bonnie Lee.
About Hanmi Financial Corporation
Headquartered in Los Angeles, California, Hanmi Financial
Corporation owns Hanmi Bank, which serves multi-ethnic communities
through its network of 35 full-service branches and eight loan
production offices in California, Texas, Illinois, Virginia, New
Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank
specializes in real estate, commercial, SBA and trade finance
lending to small and middle market businesses. Additional
information is available at www.hanmi.com.
Investor Contacts:
Romolo (Ron) SantarosaSenior Executive Vice President &
Chief Financial Officer213-427-5636
Larry Clark, CFAInvestor Relations / Financial
Profiles310-622-8223lclark@finprofiles.com
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