Better Health for All

The company's core banking products and services have no significant direct positive or negative health impact, and no revenue is derived from products with direct negative health outcomes. Its products do not have direct safety implications for physical or mental health, nor do they carry health risks requiring disclosure. The company does not offer health-related products or services requiring price accessibility considerations, nor does it engage in health-related R&D, preventative health, health data management, or clinical trials. Its operations do not generate significant health externalities, and it does not hold healthcare-related patents or produce food/nutritional products. There is no evidence of specific mental health initiatives or addiction mitigation efforts, and its business operations are not directly relevant to health crisis response. However, the company made a $60,000 donation to St. Claire HealthCare, a healthcare provider in Eastern Kentucky.

This donation included a $10,000 scholarship to attract healthcare professionals to the region, which supports healthcare workforce capacity and healthcare education. This donation represents less than 0.5% of the company's $8.17 billion in assets, indicating limited funding for health equity programs, healthcare workforce support, and healthcare education.

Fair Pay & Worker Respect

The company's CEO to median employee pay ratio for 2024 was 42:1, based on the CEO's total compensation of $2,534,484 and a median employee pay of $60,139.

The company was nationally recognized as one of the "Best Banks to Work For" by American Banker in 2023 and again in 2024. In 2022, employees volunteered over 4,000 hours and contributed approximately $92,000 to nonprofit organizations. In 2023, employees and the company contributed $75,486 to United Way and $22,015 to Fund for the Arts, with over 4,800 hours spent volunteering. The company reports that 27% of job openings were filled by internal applicants in 2024, and 1 in 6 employees has been with the bank for more than 15 years. The company's overall female representation is 63%, and 27% of all employees hired in 2024 identified as minority. The company provides a third-party hotline for anonymous reporting of concerns and requires all officers and employees to adhere to a Code of Business Conduct and Ethics.

Fair Trade & Ethical Sourcing

The provided articles do not contain any specific, concrete data points related to fair trade and ethical sourcing practices for Stock Yards Bancorp, Inc.

The company is a financial institution, and the KPIs for this value typically apply to companies with physical supply chains involving commodities or manufacturing. Therefore, there is no evidence to score any of the KPIs against the rubric's quantitative thresholds, and the 'N/A' tier is applicable to all KPIs, meaning they are omitted from the scoring.

Honest & Fair Business

Stock Yards Bancorp has a whistleblower policy that encourages confidential or anonymous reporting to a designated independent company employee or a third-party firm, Lighthouse Services, Inc., with protection against retaliation.

However, there is no explicit evidence of independent investigation processes or specific details on training frequency or uptake rates. The company has not had any financial restatements in the past five years. A substantial majority of the board members are independent, and all Board committees are comprised entirely of independent directors, but a specific percentage of conflict-free directors is not provided beyond 'substantial majority'. The company has a comprehensive anti-corruption policy, including compliance with the Bank Bribery Amendments Act, USA PATRIOT Act, and U.S. Foreign Corrupt Practices Act, with training sessions to promote compliance and third-party due diligence for suspicious activity reporting. However, the policy lacks customization for high-risk areas and specific details on continuous monitoring or public reporting on effectiveness.

Planet-Friendly Business

In 2023, the company's total Scope 1, 2, and 3 greenhouse gas emissions were 4,215 metric tons CO2 equivalent, representing a 22.6% reduction.

The 2024 Corporate Responsibility Report does not mention any specific environmental compliance violations or fines. The company has conducted climate scenario analysis covering 89.7% of its loan portfolio, estimating potential climate-related financial risks at $76.4 million.

Respect for Cultures & Communities

The provided report focuses heavily on general corporate social responsibility and community engagement, but lacks specific metrics related to cultural sensitivity, indigenous partnerships, or formal grievance mechanisms.

The report does not provide data on the key metrics requested, making it impossible to summarize relevant data for Respect for Cultures & Communities. The reports primarily focus on general philanthropic contributions, employee diversity, and regulatory compliance, which do not directly address the specific requirements of this ethical value.