Ponce Financial Group forms ESG Committee; plans energy audit and materiality assessment

Ponce Financial Group, Inc.

Management ESG Committee formed, chaired by Executive VP & Chief Investor Relations Officer Frank Perez.
Company-wide energy infrastructure assessment and full-facility energy audit planned for cost savings and greener results.
ESG materiality assessment targeting Q4 2022 completion to align strategy with ESG priorities.
CEO cites benefit to strategy, risk management, and stakeholder loyalty; notes bank's MDI/CDFI focus on underbanked.

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