It’s everyone’s responsibility to ensure the health and well-being of our future. At Pacific Premier Bank, we are proactively contributing to the collective global transition to a greener economy.
To learn more about our Sustainability Journey, please review the latest Corporate Social Responsibility Report.
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Our Sustainability Strategy
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We are integrating environmental sustainability throughout our operations, products, services, and culture to drive efficiencies and promote sensible use of resources. At the same time, we’re keeping our workplaces healthy and safe.
Our approach to sustainability is guided by our Environmental Sustainability Policy, which outlines our pledge to protect the environment and address climate change.
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Climate Risk
We recognize the impact that natural disasters resulting from climate change may have on our clients and communities. Effectively managing these risks requires clearly defined roles and responsibilities. We are establishing an effective structure for this purpose.
For additional information, please refer to our Corporate Social Responsibility Report.
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Metrics and Targets
Our approach to measuring greenhouse gas emissions data helps us manage our energy and resources efficiently, while identifying opportunities to reduce our impact.
OPERATIONAL METRICS – SCOPE 1 & 2
2022 GHG Emissions (mt CO2e) | ||||
Resource | Consumption | Unit | Emissions (location-based) |
Emissions (market-based) |
Gasoline | 3,719.70 | Gal | 32.66 | 32.66 |
Diesel | 36.90 | Gal | 0.38 | 0.38 |
Natural Gas | 4,327.26 | MMBtu | 229.84 | 229.84 |
Refrigerant | 151.46 | kg | 216.58 | 216.58 |
Electric | 6,548,792.76 | kWh | 1,839.59 | 1,873.64 |
Total Scope 1 Emissions | 479.46 | 479.46 | ||
Total Scope 2 Emissions | 1,839.59 | 1,873.64 | ||
Total Scope 1&2 Emissions | 2,319.06 | 2,353.11 |
Scope 2 location-based emissions reflect electricity grid subregion average carbon intensity, applied at the facility level (e.g. California average emissions rate). Market-based accounting reflects, wherever possible, the reported carbon intensities of PPB’s utility providers, applied at the facility level (e.g. Southern California Edison reported emissions rate).
Refrigerant values are estimated based on intensity factors developed by US EPA, applied to PPB facilities based on floor area of conditioned space.
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Minimizing our Footprint
We take pride in supporting resource preservation through recycling, waste management, and responsible use of energy.
Trees
4,588
Cubic Yards of Landfill
773
Pounds of Waste
525,264
Gallons of Water
1,983,948
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Approximately 50% of our clients opted out of receiving paper statements.
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38% of our total square footage was LEED certified or equivalent, including six branch locations and seven loan production and administrative offices.
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Almost 25% of our employees based in Denver, Colorado use public transit to get to the office.
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Creating a Culture of Environmental Awareness
Educate
Employees about sustainability
Increase
Internal awareness of our commitment to sustainability
Create
Simple ways for employees to get involved in sustainability efforts
Reduce
Environmental footprint
RAISING AWARENESS
We conducted our first Environmental Awareness Survey to gauge the level of employee interest and engagement around sustainability.
Some of the highlights include:
- 54% response rate
- 61% of employees were familiar with Pacific Premier environmental efforts
- 63% of employees identified environmental issues as extremely important
- 44% of employees viewed environmental sustainability as a key concern
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Environmental Volunteerism
During 2022, 16 of our employees and their families participated in Green City Days, a series of events across 13 Washington cities throughout King, Pierce, and Snohomish counties focused on region-wide urban green space restoration and planting.
The event series provided volunteers an opportunity to work together to plant 5,500 trees and shrubs to restore our local urban forests that clean the air, buffer noise, and retain water to reduce the impacts of flooding.
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Investing in Sustainable Communities
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