The report highlights Berkshire Bank's commitment to sustainable and responsible banking practices. The company achieved significant milestones in 2023, including allocating an amount equal to the proceeds from its $100 million inaugural sustainability bond within 12 months, achieving 100% renewable electricity use in its operations, and implementing a climate risk management program. The report also outlines the company's commitment to community investment and its BEST Community Comeback program, through which Berkshire has committed $5 billion to support local communities.
Issuing Company Berkshire Hills Bancorp Inc.
Report Type Sustainability Report
Report Language EN
Report Filesize 12.19 MB
No. of Pages 33 pages
Reporting periodJanuary 1, 2021-December 31, 2023
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards ISSB; SASB; TCFD; others
Materiality Assessmenttrue