Environmental, Social, and Governance

Huntington emerged from 2023 in a position of strength, despite a challenging operating environment within the industry.

Huntington remained consistent – a hallmark of our strategy – focusing on creating more inclusive and economically vibrant communities, becoming the best place our colleagues will ever work, and capitalizing on opportunities to operate more sustainably.

Customers and communities remain at the center of our sustainable efforts. We have made significant progress in serving these stakeholders, including making $27.3 billion in loans and investments through the first 31 months of our five-year, $40 billion community plan and exceeding our $100 million financing goal to historically underserved business owners two years ahead of schedule.

Our efforts share an important foundation – our colleagues’ commitment. Whether it’s loan officers and underwriters working to help borrowers, facilities managers installing energy efficiency updates at branches, or lawyers helping navigate new regulatory requirements, colleagues drive all facets of Huntington’s sustainability strategy.

2023 ESG Report

This 2023 ESG Report is Huntington’s eighth report on our ESG strategy, aspirations, key milestones, and results to date. It covers the period from January 1, 2023 to December 31, 2023, except where otherwise noted.

View 2023 ESG Report

2023 Climate Report

This is Huntington’s fourth year aligning with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, and this report should be reviewed as a companion piece to our 2023 ESG Report. Consistent with TCFD’s recommendations, this report outlines our approach to managing climate-related risks and opportunities.

View 2023 Climate Report

ESG Highlights

Driving Economic Impact and Enhancing Our Communities

$6.1 BILLION

In community development loans and investments

#1 Originator

In SBA 7(a) loans by number in the nation 1

$27.3 BILLION

Invested in our communities as part of Huntington’s five-year, $40 billion Community Plan

NEARLY $10 MILLION

In closing costs waived for buyers in low-to-moderate income regions

Our Unwavering Commitment to Diversity, Equity, and Inclusion

102%

Average base equity for racially diverse colleagues with the same job titles as non-racially diverse colleagues

99%

Average base pay equity for women colleagues with the same job titles as men

19%

Of total addressable spend with diverse suppliers, exceeding our goal of 18%

27%

Of workforce have joined at least one DEI Network 2

Diverse Colleagues

67% total colleague diversity as of 2023

Leadership Diversity

54% Executive Leadership Team diversity as of 2024

1. ††SBA loans subject to SBA eligibility. Huntington is #1 in the nation in number of SBA 7(a) loans from October 1, 2017, to September 30, 2023. Huntington was the #1 SBA 7(a) lender in the region made up of Illinois, Indiana, Kentucky, Ohio, Michigan, West Virginia, and Western Pennsylvania from October 2, 2008, to September 30, 2021, and the region made up of Illinois, Indiana, Kentucky, Ohio, Michigan, West Virginia, Pennsylvania, Minnesota, Colorado, and Wisconsin from October 1, 2021, to September 30, 2023. Source: U.S. Small Business Administration (SBA).

2. Huntington’s DEI network includes Business Resource Groups, Inclusion Councils, and Communities of Practice.

Resource Library & Data Table

Browse our list of additional links and data table for more resources.

View Our Resource Library & Data Table

"I am proud to help lead our ESG strategy as we further the collective impact of our nearly 20,000 colleagues in pursuit of our Vision to become the country's leading people-first, digitally powered bank. Together, we are Purpose-Driven. Always and All Ways."

S. Jason Fraley,
Chief Environmental, Social, and Governance Officer

Our ESG Strategy

At Huntington, we focus on the ESG issues important to our business and our stakeholders, using ESG as a strategic driver for sustainable growth.

We address ESG with a Purpose-focused strategy that leverages our economic impact. This begins with our commitment to delivering sustainable, long-term shareholder value through top-tier performance, while maintaining an aggregate moderate-to-low, through-the-cycle risk appetite and well-capitalized position. As a regional bank, our economic impact includes helping individuals and families reach their goals of financial stability and homeownership; providing businesses, especially small and mid-sized businesses, with the resources to grow; serving and uplifting unbanked and underbanked individuals; and working in partnership to create prosperous and resilient communities for all.

Economic

Huntington strives to support our communities in a responsible, inclusive manner, contributing to an environment of economic stability and sustainable growth. This comes from being grounded in sound and fair banking principles that support businesses, address community needs, help with housing options, and support philanthropic investment opportunities.

Featured Report

View 2023 ESG Report View 2023 Climate Report

Environmental

Energy conservation, decarbonization, and environmental responsibility are priorities for Huntington. We embrace responsible practices and are committed to creating an environmentally sustainable future through focused environmental management, continued colleague engagement, and supporting a lower carbon future.

Featured Report

View 2023 ESG Report

Social

Our colleague-centric approach to talent management supports our purpose, culture, and growth by building engagement, capability, and capacity through integrated talent processes grounded in our commitment to diversity, equity and inclusion.

Featured Report

View 2023 ESG Report

Additional Social Information

View Board Diversity View Diversity, Equity, and Inclusion

Governance

We are committed to the long-term success of Huntington, as well as those we serve, through strong corporate governance and ethical business practices.

Featured Report

View 2023 ESG Report

Additional Governance Links

View Board of Directors View Board Committees View Governance Documents View Board Diversity Matrix