First Interstate BancSystem, Inc..
FIBK.US | Other monetary intermediation
First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It operates primarily through its subsidiary, First Interstate Bank, which provides a range of community banking services to individuals, businesses, and public entities. These services include comme...Show More
Better Health for All
0
First Interstate BancSystem, Inc. is a financial institution, and its core products and services do not have a direct positive or negative health impact.
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The company's operations do not involve health-related products, services, R&D, or data management.
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While the company engages in community outreach programs such as Neighbors Feeding Neighbors, Coats and More, and financial education,
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these initiatives address basic needs and financial literacy rather than directly providing or promoting health services, medical treatments, or specific health equity programs as defined by the rubric. Therefore, most health-related KPIs are not applicable.
Fair Money & Economic Opportunity
-40
First Interstate Bank received a 'Satisfactory' rating from examiners for its Community Reinvestment Act (CRA) performance, with examinations occurring approximately every two years.
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However, as of December 31, 2023, the company reported a material weakness in internal control over financial reporting related to deposit account establishment, loan account establishment, and IT general controls.
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For financial literacy, the bank conducted 520 presentations to 10,865 attendees and distributed 6,300 informational packets in 2023, earning an honorable mention from the American Bankers Association for its financial education program.
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The bank operates 304 branches as of December 31, 2023, across a 14-state footprint.
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Fair Pay & Worker Respect
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In 2024, the CEO-to-median employee pay ratio was 68:1, with the CEO earning $4,402,344 and the median employee earning $64,398.
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The company's 2023 employee engagement survey reported a mean score of 4.21 on an unspecified scale, which increased from 4.12 in 2022, with a 92% participation rate (3,356 out of 3,646 employees responded).
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Fair Trade & Ethical Sourcing
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The provided articles, including the 2022 and 2024 ESG/Corporate Responsibility Reports, the Code of Conduct, and other company information, do not contain any specific quantitative data or information related to fair trade certification, supplier audit frequency, forced or child labor incidents, supply chain traceability, remediation speed for violations, ethical clause coverage in supplier contracts, materials risk index, or supplier diversity spend.
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Therefore, no KPIs under the 'Fair Trade & Ethical Sourcing' value can be scored based on the evidence provided.
Honest & Fair Business
-50
The company has a formal whistleblower policy, encouraging good faith reporting and prohibiting retaliation.
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It provides an EthicsPoint hotline and online service for confidential reporting.
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However, there is no evidence regarding independent investigation processes for these reports. Additionally, the company has an anti-bribery policy that explicitly prohibits gifts to government officials to influence decisions and includes guidelines for gifts and entertainment.
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The policy covers bribery and corruption, but there is no information on the frequency or effectiveness metrics of training, or if it covers international and high-risk markets.
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Kind to Animals
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First Interstate BancSystem, Inc. is a financial holding company providing banking services.
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Its core business model does not involve activities related to animal testing, animal-derived products, animal agriculture, or direct impact on wildlife habitats.
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Therefore, all KPIs related to being 'Kind to Animals' are not applicable to its operations, as explicitly stated across multiple articles.
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No War, No Weapons
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No data was found in the provided article to assess FIBK.US against any of the 'No War, No Weapons' KPIs.
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The article explicitly states it does not contain any relevant information for this company or value.
2
Planet-Friendly Business
0
The provided articles do not contain specific, quantifiable data points for any of the Planet-Friendly Business KPIs. While some articles mention initiatives such as LED conversion projects
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, e-cycling
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, aluminum recycling
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, solar investments to offset Scope 2 emissions for some locations
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, and grants to conservation organizations
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, they do not provide the company-wide percentages, totals, or ratios required by the rubric's quantitative thresholds. There is no data on total Scope 1, 2, and 3 emissions
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, SBTi-aligned targets
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, overall renewable energy consumption percentage
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, water use per revenue
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, green-certified buildings percentage
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, waste diversion rate
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, EU taxonomy alignment
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, lifecycle impact analysis
13
, recycled-to-virgin ratio
14
, carbon offset quality rating
15
, climate-positive initiative investment
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, supply chain climate transparency
17
, supplier SBTi targets
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, biodiversity program scale/outcomes
19
, deforestation policy implementation
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, environmental compliance violations
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, environmental impact assessments
22
, net-zero target year
23
, TCFD alignment
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, climate scenario analysis
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, stranded assets transparency
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, water from stressed basins
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, packaging CO2 reduction
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, climate justice initiatives
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, just transition programs
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, or climate adaptation financing
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. Therefore, no KPIs can be scored.
Respect for Cultures & Communities
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No evidence available to assess First Interstate BancSystem, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
-40
The company has not experienced any significant compromises, data loss, or material financial losses related to cybersecurity attacks.
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Employees receive annual training on incident preparedness, response, and recovery, with incident handlers tested annually.
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The company implements security measures to reliably authenticate clients accessing internet-based services.
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Information security risk and vulnerability assessments are performed at least annually, and independent third parties review, audit, and test the information security control structure.
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The company is subject to extensive government regulation and supervision under federal and state laws, and states it aligns its privacy and cybersecurity risk management programs with these requirements.
5
Zero Waste & Sustainable Products
-20
The company has implemented multiple waste reduction initiatives, including e-recycling events, paperless delivery, LED lighting conversions, and space optimization. In 2024, 164 pounds of e-waste were collected in Montana and South Dakota, and 58.2% of statements were electronic.
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LED conversion projects resulted in a 60,830 kWh annual energy reduction, and space optimization reduced square footage by 166,534 sq ft.
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The company also held 164 sustainability-focused events in 2023.
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There are no reported waste disposal violations in the past three years. The company provides basic information on proper disposal through e-recycling events and promotes paperless delivery, with 219,000 clients choosing paperless delivery in 2021.
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