Environmental sustainability

Investing in a sustainable future

When it comes to keeping our planet healthy and clean, we believe we are all on the same team. Investing in sustainable practices not only contributes to the well-being of our team members, customers and communities, it helps us build a stronger and more resilient business. Our commitment to environmental sustainability informs our work at every level, from how we approach construction to the ways we reduce energy consumption in our day-to-day operations. We work to ensure we are practicing sustainable development to meet the needs of our stakeholders today while fostering a healthy environment for future generations.

Highlights from our latest environmental impact assessment

Each year, we conduct a review of our environmental sustainability programs to assess our environmental impact. Here's a look at the results of our efforts in the past year.

23+

metric tons of computer hardware recycled

606+

metric tons of paper shredded and recycled

640,000+ kWh

of clean energy
from solar panels installed
on our branches

4,118 reported

EV charging
stations sessions
in 2022

Reducing our environmental impact

As a bank, we have modest environmental impacts, but we seek ways to mitigate our impact and explore alternate forms of energy to reduce consumption. One of our key initiatives in this area has been to upgrade the lighting systems in our branch buildings to LED lighting. This reduces our annual energy consumption by an estimated 72,000 kilowatt-hours (kWh). Recognizing the impact our waste has on the environment, we also maintain programs to recycle paper and computer hardware used as part of our operations.

Embracing alternate forms of energy

Part of our focus on sustainable development is to invest in alternate forms of energy to reduce our long-term environmental impact. In recent years, we have been installing solar panels at our branch locations to reduce our use of electricity.

We host electric vehicle (EV) charging stations at several branches in our footprint. Our EV stations enable customers to charge their vehicles while taking care of errands at Commerce Bank or in the area.

Building environmental sustainability into our footprint

As we continue to improve our physical footprint, we pay close attention to our customers’ and team members’ needs to ensure we are practicing sustainable development and best supporting their needs. When constructing or renovating buildings, we take several factors into account, including environmental impact and long-term sustainability, no matter how small the project is. From the materials we use to the energy systems we install, we look for every opportunity to reduce the carbon footprint of our building projects.

We work closely with each project’s contractor and architect to align with local regulations and incorporate LEED best practices as much as possible. To date, we have completed one LEED-certified building in O’Fallon, Missouri, and we continue to look for opportunities to build and remodel along LEED principles. Here are some of the many factors we consider when designing a project:

• Preference for working with local suppliers
• LED lighting
• Waste reduction and recycling
• High-efficiency HVAC
• Sustainable materials such as insulation, carpet and paint
• Volatile organic compounds
• Runoff
• Positive work environment boosted through lighting and air quality

For more information, download our Environmental, Social and Governance.^[PDF]