Sunrise Banks Sustainability Statement
At Sunrise Banks, we envision a world where financial wellness and environmental sustainability join forces to create a future where people and the planet prosper.
Our commitment to sustainability encompasses the social, environmental, and economic pillars that support the health and well-being of our communities. We are dedicated to empowering individuals, businesses and communities through innovative banking solutions that prioritize financial access, environmental stewardship, and societal well-being.
Our approach starts by fostering a company culture which enables our employees to create positive change in our communities and minimize our environmental impact.
We believe that sustainable banking is about managing resources wisely and fostering a sense of shared responsibility and collective action. We work alongside leaders in our communities and support customers with the tools and knowledge they need to build a more resilient and healthy economy.
Sunrise Banks is committed to transparency, accountability, and governance that align with our mission to be the most innovative bank empowering financial wellness. As a certified B Corporation, a Community Development Financial Institution (CDFI), and a member of the Global Alliance for Banking on Values (GABV), we adhere to the highest standards of ethical and sustainable business practices.
Through these efforts, we aim to lead by example and inspire others to join us in creating a sustainable future where innovative banking for good is the norm, and every individual has the opportunity to thrive.
As part of our mission-oriented journey, we will uphold the three pillars of sustainability to guide our decisions both today and into the future:
Societal Well-Being
To create a vibrant society, we empower our employees and stakeholders to take action in the neighborhoods where they live, work and play.
We are committed to advancing our society by promoting financial wellness, financial inclusion, and empowering individuals and communities historically underserved by the financial system.
We are committed to challenging the status quo to build communities that are more accessible and sustainable, now and for generations to come.
Environmental Care
To support a healthy planet for current and future generations, we seek to limit ecological impact and reduce greenhouse gas emissions to net zero by 2050.
Getting to net zero will require a transition away from society’s current reliance on fossil fuels. In addition to considering the environmental impact of our own business operations when making decisions, Sunrise Banks will not finance the exploration, extraction, production, or refinement of fossil fuels.
Recognizing that it will take time to eliminate the use of fossil fuels, we will disclose the financing associated with the distribution of fossil fuel products during this transition. In the spirit of transparency and accountability, we will use standards devised by the Partnership for Carbon Accounting Financials (PCAF) to measure our carbon footprint, promote climate action and reduce our environmental impact as we work to meet our commitment to net zero.
Economic Growth
To drive a thriving economy, we offer banking products and services designed for, and geared towards, mission-aligned individuals, businesses, organizations, and nonprofits.
As a financial institution, we have the power to propel economic growth.
We will do everything in our power to accelerate the financing process to achieve long-term economic vitality.