First BanCorp Announces the Release of Its 2023 Corporate Sustainability Report
July 01 2024 - 3:23PM
Business Wire
First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding
company for FirstBank Puerto Rico, announced the release of its
third annual Corporate Sustainability Report, highlighting the
Corporation’s commitment to environmental stewardship, social
responsibility, and ethical governance. This 2023 Corporate
Sustainability Report details significant achievements, including
the expansion of the Corporation’s recycling program, the adoption
of a Human Rights Statement, the expansion of initiatives related
to diversity, equity and inclusion (DEI), and the launch of the
Corporation’s multisectoral coastal erosion mitigation program
known as “Rescate Costero.”
“Since our inception, we have always recognized the importance
of conducting business in a manner that not only delivers value to
our shareholders, but also contributes positively to society and
the environment,” said Aurelio Alemán, President and Chief
Executive Officer of First BanCorp. “By staying true to our
mission, vision, and values, we will continue to drive long-term
value for the Corporation and contribute to a more sustainable and
equitable society for future generations,” Alemán added.
The Corporation’s 2023 Corporate Sustainability Report aligns
with and references relevant sector standards from the
Sustainability Accounting Standards Board (SASB), the United
Nations Sustainable Development Goals (UNSDG), and the Task Force
on Climate-Related Financial Disclosures (TCFD).
View the full report here.
About First BanCorp
First BanCorp is the parent corporation of FirstBank Puerto
Rico, a state-chartered commercial bank with operations in Puerto
Rico, the U.S. and British Virgin Islands and Florida, and of
FirstBank Insurance Agency, LLC. Among the subsidiaries of
FirstBank Puerto Rico is First Federal Finance Limited Liability
Company, a small loans company. First BanCorp’s shares of common
stock trade on the New York Stock Exchange under the symbol
“FBP.”
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First BanCorp. Ramon Rodríguez Senior Vice President
Corporate Strategy and Investor Relations (787) 729-8200 Ext. 82179
ramon.rodriguez@firstbankpr.com
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