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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Regions Financial Corporation | NYSE:RF | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.07 | 0.36% | 19.64 | 19.81 | 19.39 | 19.79 | 4,897,189 | 01:00:00 |
Proposed tweet: .@RegionsNews strengthens commitment to #environmental #sustainability with adoption of new policy and clear goals. #ESG
Regions Financial Corporation today announced the adoption of its Environmental Sustainability Policy Statement and Environmental Sustainability Goals, formalizing and building upon the company’s ongoing efforts to manage its operations effectively and responsibly.
“Being good stewards of our resources, including natural resources, benefits the communities where we live and work and is simply good business,” said Brett Couch, head of Corporate Real Estate and Procurement. “Since 2008, we have reduced our electricity use across the company by 35 percent, and we are challenging ourselves to do more. Regions is adopting smart technology, employing green building techniques, and taking practical steps to conserve energy and reduce waste. We are also engaging our associates and customers as we strengthen our commitment to operating in an environmentally sustainable manner.”
In conjunction with the policy statement, Regions has established Environmental Sustainability Goals for reducing the company’s own operational greenhouse gas emissions and energy use over an eight-year period. Using 2015 as the base year, Regions has set goals to achieve a 30 percent reduction in both greenhouse gas emissions and energy use by 2023.
“Regions’ focus on environmental sustainability is consistent with the company’s mission to create shared value for customers, associates, communities and shareholders,” added Hope Mehlman, Chief Governance Officer. “We understand that corporations have a unique opportunity to accelerate positive change, and our newly established policy statement and goals are important components of our overarching environmental, social and governance efforts.”
The Nominating and Corporate Governance Committee of Regions’ Board of Directors has oversight for the company’s environmental, social and governance efforts, including the policy statement and goals.
A document outlining the policy statement, goals and related environmental performance metrics, is available on the company’s website. The policy statement and goals were developed in consideration of Regions’ ongoing initiatives:
More information about Regions’ environmental sustainability efforts is available in the company’s 2017 Sustainability Report.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $125 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 2,000 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181120005047/en/
Evelyn Mitchell205-264-4551regions.doingmoretoday.comRegions News on Twitter: @Regions News
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