Old National Bancorp, a leading Midwest commercial bank, recently published its highly anticipated 2023 Environmental, Social, and Governance (ESG) Report. The report showcases Old National’s commitment to various key areas, including governance and ethics, client service, team member engagement, diversity, equity and inclusion, community engagement, and sustainability.
“We are proud to present our 2023 ESG Report, which highlights our dedication to exceed the expectations of our clients, communities, and team members,” stated Chairman and CEO Jim Ryan. Throughout 2023, Old National demonstrated its strength and stability by passionately serving clients, investing in communities, and supporting the growth of its team members.
One notable aspect covered in the report is Old National’s commitment to its clients, especially those traditionally underserved individuals and communities. The bank has developed programs and products aimed at addressing their specific needs, emphasizing the importance of accessibility and inclusivity.
In terms of community engagement, Old National’s contribution was remarkable in 2023. The bank donated $11.8 million to over 2,000 organizations and witnessed its team members collectively volunteer for more than 57,000 hours. This level of involvement demonstrates the bank’s genuine dedication to making a positive impact in the communities it serves.
The report also sheds light on Old National’s dedication to team member development. The bank provides robust learning and development resources to ensure that its workforce remains skilled and equipped for continued success. Additionally, Old National places a strong emphasis on championing diversity, equity, and inclusion within its organization.
Furthermore, the report highlights Old National’s risk management and corporate governance principles, which are instrumental in safeguarding clients’ assets and maintaining the bank’s reputation for reliability and trustworthiness.
To learn more about Old National Bancorp’s ESG initiatives and to access the full 2023 ESG Report, visit their ESG webpage at oldnational.com/ESG. The report includes the 2023 SASB Index, a comprehensive industry-specific standard that assists companies in disclosing their financial sustainability information.
Old National Bancorp, through its subsidiary, Old National Bank, has been a community-focused financial institution since 1834. With approximately $52 billion in assets, the bank ranks among the top 30 banking companies in the U.S. In addition to its extensive retail and commercial banking services, Old National offers comprehensive wealth management, investment, and capital market services.
For more information and financial data, please visit Investor Relations at oldnational.com.
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Old National Bancorp’s recently released 2023 Environmental, Social, and Governance (ESG) Report highlights the company’s dedication to various important areas. The report focuses on governance and ethics, client service, team member engagement, diversity, equity and inclusion, community engagement, and sustainability. Chairman and CEO Jim Ryan expressed pride in the report, emphasizing the bank’s commitment to exceeding the expectations of its clients, communities, and team members.
One significant aspect of the report is Old National’s commitment to traditionally underserved individuals and communities. The bank has developed programs and products aimed at addressing their specific needs, emphasizing accessibility and inclusivity.
Old National’s community engagement efforts also stand out in the report. The bank donated $11.8 million to over 2,000 organizations and witnessed its team members collectively volunteer for more than 57,000 hours in 2023. This level of involvement demonstrates the bank’s genuine dedication to making a positive impact in the communities it serves.
The report highlights Old National’s focus on team member development, providing robust learning and development resources. The bank also places a strong emphasis on championing diversity, equity, and inclusion within the organization.
Old National’s risk management and corporate governance principles are instrumental in safeguarding clients’ assets and maintaining the bank’s reputation for reliability and trustworthiness.
In terms of market trends, the focus on ESG initiatives has been growing in recent years. Many companies across various industries are prioritizing environmental sustainability, social responsibility, and good governance practices. As investors and consumers increasingly demand companies to be more accountable and transparent, ESG reports have become an essential tool for companies to showcase their commitment in these areas.
Old National Bancorp’s commitment to ESG practices and the release of its 2023 ESG Report can position the company favorably in terms of attracting socially responsible investors and demonstrating its dedication to sustainable and ethical practices.
However, there may be challenges and controversies associated with ESG reporting. Some critics argue that ESG metrics can be subjective and lack standardized measurement, making it difficult to compare companies accurately. Additionally, there is ongoing debate about the materiality and impact of ESG factors on financial performance.
It is important to note that the provided URL in the article, oldnational.com/ESG, is not a valid URL. However, for more information and access to Old National Bancorp’s ESG initiatives and the full 2023 ESG Report, interested individuals can visit their corporate website at oldnational.com.
As for relevant links, here is the main domain for Old National Bancorp’s investor relations: Investor Relations.