WE TRANSFORM BUSINESS NEEDS INTO SOLUTIONS THAT GROW WITH YOUR BUSINESS.
ENSURING RESPONSIBLE BUSINESS GROWTH
The Bancorp's business model includes efforts to reduce our physical footprint, use of natural resources, and carbon emissions.
LIMITED PHYSICAL FOOTPRINT
The Bancorp branchless business model reduces our use of brick-and-mortar retail locations to serve our clients, which reduces our use of land and energy resources and minimizes our climate impact.
Our daily business practices promote environmental responsibility through reduced air, train, and vehicle travel. We also sponsor our employee-driven "Green Team" to minimize waste and encourage in-office recycling and other environmentally-friendly practices.
SUSTAINABLE BANKING PRODUCTS
By using digital resources, we have minimized the use of paper and plastics in our business processes. Our clients and business partners are able to use electronic signatures, digital documentation, and virtual cards to enable account opening, loan applications and processing, and funds deposit and distribution.
OUR ENVIRONMENTAL IMPACT
Office Space Reduction
Decrease in Paper Usage1
Locations-Based Emissions (MtC02)2
Market-Based Emissions (MtC02)2
Statistics accurate as of year-end 2021.
1. Reduction in paper use between 2019-2021.
2. MtC02 represents metric tons of carbon dioxide (C02).
$1 Million Donation Toward Watershed Conservation
The Bancorp is committed to supporting environmental sustainability and positively impacting our local communities. In 2023, we committed to donating a total of $1 million to be distributed over the next three years between The New York Botanical Garden, Friends of The Big Sioux River, and the Delaware Nature Society in support of their invaluable work. The organizations receiving donations are each located in close proximity to three primary office locations of The Bancorp and reach a large portion of our employee population.
The New York Botanical Garden
Located in New York, New York, the New York Botanical Garden is a champion of plant research and conservation. The organization launched the Bronx River Watershed Health & Resilience initiative to protect the native biodiversity and keep the Bronx River healthy as it is New York City’s only freshwater resource. New York Botanical Garden collaborates with other conservation organizations and volunteers to improve the health of the river and make a positive impact to its surrounding communities.
Friends of the Big Sioux River
Located in Sioux Falls, South Dakota, Friends of the Big Sioux River is dedicated to the protection and restoration of the Big Sioux River, its watershed, and improving the water quality through community education and building a conservation outlook. The Big Sioux River is the largest water resource for Sioux Falls and its surrounding communities.
Delaware Nature Society
The Delaware Nature Society has sites in Wilmington, Hockessin, and Milford, Delaware, focuses on the preservation of land, wildlife, and watersheds. Driven by three main pillars, education, conservation, and advocacy, the Delaware Nature Society concentrates its watershed preservation and restoration on tributaries of the Delaware River.
PRESERVING ENVIRONMENTAL RESOURCES
Learn more about The Bancorp's conservation efforts in our ESG Report.