Environmental, Social and Governance
Webster is actively involved in sustaining the long-term health of the communities where we live and work. Every year, we invest millions of dollars in renewable energy and environmentally oriented initiatives. We provide non-profits with funding to promote the arts, as well as business growth. And we participate in countless other measures, using our core values as a guide.
Environmental
Clean energy loans
We provide commercial loans with companies involved in renewable energy and energy-efficient components,. We loaned nearly $50 million towards these initiatives last year.
Energy usage and environment
We funded upgrades to municipal water and sewer infrastructures; a mixed-income, transit-oriented development, and multiple remediation projects.
Social
Governance
2019 ESG report
We showed ongoing support for renewable energy and energy-efficient solutions; gave over $5 million to nonprofit organizations across our footprint, and demonstrated our belief in the importance of sound and effective corporate governance.
2018 ESG report
Our commitment is not year-to-year but ongoing. In 2018, we undertook and supported numerous initiatives to improve our environment, strengthen our communities and champion transparency, accountability and diversity in our communities.