Better Health for All

Ponce Financial Group's core banking services are health-neutral, but its philanthropic arm and direct community support provide positive health impacts. The Ponce de Leon Foundation, launched in 2017, has provided over $2.3 million in grants, including $622,000 in 2024, to non-profits focusing on healthcare, social services, youth, and seniors.

Ponce Bank also supported a Community Health Fair that offered free health screenings, flu shots, and COVID testing and vaccinations, demonstrating a focus on preventative health. The company generates no revenue from products with direct negative health outcomes. Ponce Bank is a Community Development Financial Institution (CDFI) and a Minority Depository Institution (MDI), with 75% of its loans invested in designated communities, exceeding the 60% CDFI requirement. It is ranked for lending in low-to-moderate income communities among CDFIs. The bank and its foundation actively reach vulnerable populations, including low-income individuals, older adults, youth with disabilities, and under- or uninsured minority groups. Ponce Bank does not invest in fossil fuel extraction and is committed to environmental programs to reduce climate change impact on communities. The company also supports mental health initiatives through grants, such as $25,000 for a Middle School JOURNEYS: Mental Health and Wellness Program.

Fair Trade & Ethical Sourcing

Ponce Financial Group, Inc. operates as a bank holding company, providing financial products and services.

The company's business model does not involve the procurement or trade of physical commodities, nor does it have a supply chain that typically requires fair trade certifications, welfare audits, or management of high-risk materials. Therefore, KPIs such as fair trade certification share, audit frequency, forced/child labor incidents, traceability coverage, remediation speed, ethical clause coverage, and materials risk index are not applicable to its operations. No specific data for these KPIs was found in the provided articles.

No War, No Weapons

The provided articles contain no specific, concrete data points regarding Ponce Financial Group, Inc.'s involvement in arms manufacturing, military contracts, or conflict facilitation. Both articles explicitly state that no data relevant to the company's defense-related activities or 'No War, No Weapons' initiatives is mentioned.

Therefore, no KPIs under this ethical value can be scored based on the evidence provided.

Respect for Cultures & Communities

Ponce Financial Group demonstrates strong community representation in its governance, with 75% of its board directors being of immigrant generation.

The company also shows a commitment to language inclusivity, offering services in multiple languages including Spanish, Chinese, and Korean, achieving a language inclusivity score of 70-80/100. In terms of charitable giving, the company donated $76,000 to cultural heritage organizations in 2023. However, without knowing the total revenue, this amount cannot be assessed as a percentage of revenue.

Zero Waste & Sustainable Products

Ponce Financial Group encourages recycling and waste separation in its offices as a waste reduction initiative.

The company aims to engage suppliers to measure and manage environmental impacts, but no specific quantitative data on waste-related requirements for suppliers is provided. No waste disposal violations or fines have been mentioned. There is no specific data available regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, material efficiency, packaging-to-product ratio, waste reduction targets, or customer waste education.