OceanFirst Bank Publishes First ESG Report
24 Maio 2022 - 8:00AM
OceanFirst Financial Corp. (NASDAQ:OCFC), (the
“Company”), the holding company for OceanFirst Bank N.A. (the
“Bank”), today announced that the Bank has published its first-ever
Environmental, Social and Governance (“ESG”) Report. The ESG Report
highlights the Bank’s policies, practices and recent initiatives
across a range of areas, including equitable access to capital;
diversity, equity and inclusion; employee health and wellness;
support for the community; environmental priorities; corporate
governance; and other vital matters. The ESG Report is accessible
by visiting the Investor Relations section of oceanfirst.com.
“We are proud to announce the first formal ESG
Report for OceanFirst is now available on our website, while noting
that our commitment to serve all of our stakeholders in a
responsible manner dates back more than a century, reflecting our
strong roots as a community banking organization,” said Christopher
D. Maher, Chairman and Chief Executive Officer.
“As our society and economy experience dramatic
changes, we believe that companies must demonstrate leadership in a
wide range of areas broadly known as ESG. At OceanFirst, we are
acutely aware of the vital importance of maintaining responsible
ESG policies and practices – to serve the interests of our
stakeholders; expand access to economic opportunity; protect our
enterprise from external risks; and fulfill our responsibilities to
our communities, society and planet,” Mr. Maher added.
OceanFirst Financial Corp.’s subsidiary,
OceanFirst Bank N.A., founded in 1902, is a $12.2 billion regional
bank providing financial services throughout New Jersey and in the
major metropolitan markets of Philadelphia, New York, Baltimore,
Washington D.C., and Boston. OceanFirst Bank delivers
commercial and residential financing, treasury management, trust
and asset management, and deposit services and is one of the
largest and oldest community-based financial institutions
headquartered in New Jersey. To learn more about OceanFirst, go
to www.oceanfirst.com.
Forward-Looking StatementsIn addition to
historical information, this news release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, which are based on
certain assumptions and describe future plans, strategies and
expectations of the Company. These forward-looking statements are
generally identified by use of the words “believe,” “expect,”
“intend,” “anticipate,” “estimate,” “project,” “will,” “should,”
“may,” “view,” “opportunity,” “potential,” or similar expressions
or expressions of confidence. The Company’s ability to predict
results or the actual effect of future plans or strategies is
inherently uncertain. Factors which could have a material adverse
effect on the operations of the Company and its subsidiaries
include, but are not limited to: the impact of the COVID-19 or any
other pandemic on our operations and financial results and those of
our customers, changes in interest rates, inflation, general
economic conditions, levels of unemployment in the Bank’s lending
area, real estate market values in the Bank’s lending area, future
natural disasters and increases to flood insurance premiums, the
current or anticipated impact of military conflict, terrorism or
other geopolitical events, the level of prepayments on loans and
mortgage-backed securities, legislative/regulatory changes,
monetary and fiscal policies of the U.S. Government including
policies of the U.S. Treasury and the Board of Governors of the
Federal Reserve System, the quality or composition of the loan or
investment portfolios, demand for loan products, deposit flows,
competition, demand for financial services in the Company’s market
area, accounting principles and guidelines and the Bank’s ability
to successfully integrate acquired operations. These risks and
uncertainties are further discussed in the Company’s Annual Report
on Form 10-K for the year ended December 31, 2021, under Item 1A -
Risk Factors and elsewhere, and subsequent securities filings and
should be considered in evaluating forward-looking statements and
undue reliance should not be placed on such statements. The Company
does not undertake, and specifically disclaims any obligation, to
publicly release the result of any revisions which may be made to
any forward-looking statements to reflect events or circumstances
after the date of such statements or to reflect the occurrence of
anticipated or unanticipated events.
Company Contact:Jill HewittSenior Vice
PresidentOceanFirst Financial Corp.Tel: (732)240-4500, ext.
7513email: jhewitt@oceanfirst.com
OceanFirst Financial (NASDAQ:OCFC)
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