TrustCo Bank Corp NY.
TRST.US | Other monetary intermediation
TrustCo Bank Corp NY is a financial holding company providing a range of banking and financial services. Its primary business involves accepting deposits and providing loans to individuals and businesses. The bank offers various deposit products, including checking accounts, savings accounts, and ce...Show More
Better Health for All
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The company, TrustCo Bank Corp NY, is a financial institution whose core products and services are banking-related and do not inherently have a direct positive or negative impact on health.
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Therefore, most health-related KPIs are not applicable. While the company provided loan modifications and PPP loans totaling $46 million in 2020 and $23 million in 2021 in response to the COVID-19 pandemic,
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the rubric's scoring tiers for 'global_health_crisis_response' are based on donations as a percentage of crisis-related revenue or demonstrated leadership, for which no specific quantitative evidence is available. Consequently, no KPIs can be scored beyond the 'not applicable' tier based on the provided information.
Fair Money & Economic Opportunity
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No evidence available to assess TrustCo Bank Corp NY on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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TrustCo Bank Corp NY reported a CEO to median employee pay ratio of 74 to 1 for 2024.
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The CEO's total compensation was $2,853,652, while the median employee compensation was $38,539.
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Employee reviews on Indeed.com indicate an overall rating of 2.7 out of 5 stars, which translates to 54%.
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Employee comments highlight low pay and outdated systems, alongside positive remarks about growth opportunities and management support. Glassdoor reviews also mention a 'high' voluntary turnover rate, but no specific percentage is provided.
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Fair Trade & Ethical Sourcing
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TrustCo Bank Corp NY is a financial services company, primarily involved in banking, loans, and investment management. As such, it does not procure or trade physical commodities, nor does it have a supply chain that typically involves high-risk materials, upstream labor practices, or the need for fair-trade certifications. Therefore, several KPIs related to physical supply chains, such as fair-trade certification share, audit frequency for welfare/sourcing, forced/child labor incidents, supply chain traceability, remediation speed for sourcing violations, and materials risk index, are not applicable to its business model. Similarly, there is no evidence of procurement activities that would fall under supplier diversity spend in the context of this value.
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The provided articles, including the company's Code of Conduct and a corporate sustainability page, do not contain any quantitative data or specific information relevant to these metrics.
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Honest & Fair Business
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No relevant evidence was found in the provided articles for TRST.US (TrustCo Bank Corp NY). The sole article provided explicitly states it pertains to Popular, Inc., which is a different entity.
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Kind to Animals
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TrustCo Bank Corp NY is a financial holding company providing banking and financial services. Its core business operations do not involve activities such as product manufacturing, animal testing, animal agriculture, or the use of animal-derived ingredients. Therefore, KPIs related to cruelty-free certification, alternative testing methods, humane certifications for animal operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policies and volume, innovation in animal-free technologies, animal agriculture ethics, and animal-free R&D collaboration are not applicable to the company's business model. While the company was involved in a legal proceeding regarding a donation to the Saratoga County Animal Shelter, this represents a fiduciary role in a trust/estate matter rather than direct wildlife conservation impact or active public policy engagement on animal welfare.
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No War, No Weapons
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No information is available in the provided articles regarding TrustCo Bank Corp NY's involvement in arms manufacturing, military contracts, or conflict facilitation, nor any related policies or investments.
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Planet-Friendly Business
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No specific, quantitative data was found in the provided articles for any of the Planet-Friendly Business KPIs. The company's 2023 Proxy Statement explicitly states that ESG data on emissions, renewable energy, water use, waste diversion, EU Taxonomy alignment, lifecycle impact analysis, recycled material ratios, carbon offset quality, climate-positive initiatives, supply chain transparency, supplier SBTi targets, biodiversity, deforestation, environmental compliance violations, environmental impact assessments, net-zero targets, TCFD alignment, climate scenario analysis, stranded assets, climate justice, and just transition programs are not applicable or not provided.
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Other articles also did not contain relevant data.
Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles that directly correspond to the quantitative thresholds or definitions of the KPIs for 'Respect for Cultures & Communities' for TRST.US. Article
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pertains to a different company, The Adirondack Trust Company, and is therefore not applicable. Articles , , and do not contain the necessary factual evidence to score any of the defined KPIs.
Safe & Smart Tech
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The company conducts annual cybersecurity awareness training and periodic phishing training for employees.
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It reported no incidents of unauthorized data use.
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TrustCo Bank performs internal and external penetration tests and vulnerability scans.
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The company uses the FFIEC Cybersecurity Assessment Tool to benchmark its controls and procedures and states it complies with applicable regulations.
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No material losses from cybersecurity threats were reported for 2024.
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Zero Waste & Sustainable Products
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No evidence available to assess TrustCo Bank Corp NY on Zero Waste & Sustainable Products.