First Hawaiian Bank 2023 Donations Total Over $5 Million
Annual ESG Report highlights ongoing stewardship efforts and cybersecurity measures from Hawai'i’s top bank.
First Hawaiian Bank (FHB) announced it donated a total of $5.2 million to community and nonprofit organizations in 2023: $2,480,437 in Bank donations, $1,920,250 in First Hawaiian Bank Foundation grants, and $854,615 from the Bank’s employee-funded Kōkua Mai campaign. The news comes with the release of its annual Environmental, Social and Governance (ESG) Report.
On March 2, 2024, a group of FHB employees gathered at Nānākuli High & Intermediate School for a YesTeam community service project with Teach for America. | Photo: courtesy of First Hawaiian Bank
Committed to responsible business practices, protecting the environment, and active stewardship in the communities it serves, FHB has been reporting on the positive impacts of its value-based governance through its annual ESG Report since 2018.
“At First Hawaiian Bank we understand that our success is intertwined with the well-being of the communities we serve, and because of that, our commitment to environmental, social, and governance principles remains strong,” said Bob Harrison, CEO, President, and Chairman of First Hawaiian Bank. “Our dedication to creating a positive social impact, championing environmental stewardship, and upholding the highest standard of corporate governance continues, ensuring that financial success goes hand in hand with the greater good.”
The report highlights the bank’s 2023 activities and efforts in the areas of governance, social responsibility and environmental stewardship through data dashboards and spotlight stories that delve deeper into the impact behind bank initiatives. Highlights from the report include:
- Donations totaling $5.2 million in 2023 from the bank, foundation and FHB employees, with a spotlight focusing on the bank’s commitment to the Lahaina community and recovery.
- Diversity, equity and inclusion efforts that have resulted in a diverse workforce made up of 63% women and community outreach to support the LGBTQ+ community within and outside of the bank.
- FHB continues to mature its cyber risk management efforts, expanding and integrating cybersecurity resources into its enterprise management framework so they align with the Bank’s business priorities.
- In 2023, the bank upgraded its water systems and pipes, reducing consumption and improving its conservation efforts.
The Bank’s philanthropic endeavors included a $280,634 donation to HomeAid Hawaii in direct support Governor Josh Green’s statewide kauhale initiative, raised nearly $1 million by the end of the 2023 for the response and recovery to Lahaina’s devastating wildfire, and continued its ongoing support of Aloha Harvest and the redistribution of quality excess food with Kōkua Mai donations to the group totaling $166,381 since 2017.
FHB’s 2023 ESG Report and the complete archive is available here.
At First Hawaiian Bank, employees are inspired to make a positive impact in their community. Through a range of service projects, a dedicated employee-led giving campaign, and active participation on boards, they embody our commitment to giving back. | Photo: courtesy of First Hawaiian Bank
