East West Bancorp, Inc..
EWBC.US | Other monetary intermediation
East West Bancorp, Inc. is a financial holding company. Through its primary subsidiary, East West Bank, the company provides a range of banking services to individuals and businesses, primarily focusing on the Asian American community. These services include commercial lending, real estate lending, ...Show More
Better Health for All
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No evidence available to assess East West Bancorp, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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East West Bank's inclusion lending, comprising over $1 billion in affordable housing projects
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and over $900 million in small business loans in 2021
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, represents approximately 3.6% of its total loan portfolio of $52.4 billion.
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The bank also partners with organizations such as Kaimore, Financial Beginnings, and Junior Achievement to provide financial literacy programs to underserved communities, including single mothers, homeless families, formerly incarcerated individuals, and transition-age youth.
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These programs include tax preparation assistance, entrepreneurship training, and basic financial education for children, with a focus on underserved communities across the nation, including Los Angeles.
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However, the extent and impact of these financial literacy programs are not quantified, with no metrics provided on reach or outcomes.
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Fair Pay & Worker Respect
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East West Bancorp's CEO-to-median-employee pay ratio was 88:1 in Fiscal Year 2024, with the CEO earning $9,213,633 and the median employee earning $104,121.
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The company reported 0% collective bargaining agreements coverage in 2024.
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Employee engagement, based on Glassdoor reviews, shows 55% of employees would recommend working at East West Bank, and 53% have a positive business outlook.
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Indeed.com reviews show an overall rating of 4.2 out of 5 stars, with 4.3 out of 5 for work-life balance and pay and benefits.
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However, Glassdoor reviews also indicate a high employee turnover rate, with specific percentages not provided but repeatedly cited as a significant concern.
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The company provides HMO and group life insurance coverage to all full-time employees.
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The company's whistleblowing policy applies to third-party contractors and vendors, but no specific percentage of the workforce on insecure contracts is provided.
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East West Bank meets four quality criteria for handling harassment and discrimination, including retaliation safeguards, an anti-discrimination policy, confidentiality mechanisms, and an incident notification mechanism.
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There are no specific labor law or human rights violations reported for the company in the provided articles.
Fair Trade & Ethical Sourcing
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No evidence available to assess East West Bancorp, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess East West Bancorp, Inc. on Honest & Fair Business.
Kind to Animals
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East West Bancorp, Inc. is a financial holding company and bank. Its business model does not involve activities such as product manufacturing, animal testing, animal husbandry, or sourcing of animal-derived ingredients.
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Therefore, all KPIs related to these activities are not applicable to the company.
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While a shareholder proposal regarding animal welfare risks in financing decisions received 7.7% support in 2024, the company stated that animal welfare is already included in its existing environmental and social risk policy framework, and no further specific actions or measurable outcomes related to animal welfare were provided.
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No War, No Weapons
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No specific, concrete data points were found in the provided articles to assess East West Bancorp, Inc. against any of the 'No War, No Weapons' KPIs. The articles discuss general concepts like export compliance, dual-use technologies, and end-user certificates, but do not provide company-specific percentages, policies, or actions that can be mapped to the rubric's quantitative thresholds.
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Planet-Friendly Business
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No specific, quantifiable evidence was found for East West Bancorp, Inc.'s own operational environmental performance across any of the Planet-Friendly Business KPIs. While some articles mention the company's financing of green initiatives or carbon reduction efforts by a subsidiary, these do not provide data on the parent company's direct environmental footprint, targets, or performance against the defined metrics.
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Respect for Cultures & Communities
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No evidence available to assess East West Bancorp, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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No evidence available to assess East West Bancorp, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No specific, concrete data points or facts related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for East West Bancorp, Inc.