Impact Report
Why We Report Our Impact
We believe that beyond doing good, banks should offer insights into the impact of their practices. In fact, transparency and accountability is a key pillar of what Beneficial Banking™ means to us. As a player in one of the world’s most influential sectors, we believe banks have an important role to play when it comes to prioritizing radical transparency, and we consider it essential if we are to collectively move towards a sustainable and just future for all. We continue to enhance the way we measure and communicate our impact, and we invite others to join us on this journey of improvement.
Our Commitment to Impactful Banking
While some banks focus solely on profit, we’re focused on creating a positive impact for both people and the planet, while maintaining economic sustainability. Our annual Impact Report is one way that we hold ourselves accountable to that commitment, showing that we walk our talk when it comes to the positive impact Beneficial Banking™ has on people, communities, and the environment.
Explore our latest impact report to discover the difference we made together in 2023.
You, too, have the power to invest in this mission, showing the world that it matters where you bank. We are optimistic that through the collective efforts of individuals and companies who lead with values, we can create a more sustainable and just future.
Randell Leach, CEO, and Kat Taylor, Co-Founder and Board Chair
Highlights from 2023
We avoid all harmful lending, including fossil fuels and private prisons.
Outstanding loans creating and preserving affordable housing.
Outstanding loans to 322 small businesses.
Outstanding loans for residential solar.
