Columbia Banking System, Inc..
COLB.US | Other monetary intermediation
Columbia Banking System, Inc. operates as the bank holding company for Columbia Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking, savings, and money market...Show More
Better Health for All
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Columbia Banking System, Inc. operates as a bank, providing financial services such as loans and deposit accounts.
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Its core business activities do not directly involve developing medical treatments, providing preventative healthcare solutions, or championing mental and physical wellness programs for the general public. While the company offers mental health awareness programs, covers preventive care for its employees, and has a data privacy policy for customer data, these initiatives are not considered within the scope of 'Better Health for All' as defined, which explicitly excludes workplace safety and worker rights.
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,
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The company's financial literacy programs and affordable housing initiatives, while beneficial for community well-being, do not directly address health literacy, health product accessibility, or health disparities as per the KPI definitions.
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Fair Money & Economic Opportunity
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No specific, concrete data points were found in the provided articles to assess Columbia Banking System, Inc. against the 'Fair Money & Economic Opportunity' ethical value. Information regarding regulatory fines for UDAP violations was explicitly attributed to Umpqua Bank, not COLB.US.
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While Columbia Bank offers free homebuying seminars covering financial literacy topics,
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the articles do not provide quantitative data on the reach or outcomes of these initiatives, nor do they offer details on customer demographics, loan pricing, revenue from high-cost products, loan book allocation for inclusion initiatives, data accessibility, wealth-building outcomes, profit reinvestment, customer debt burden ratios, geographic inclusion in underserved areas, or product simplicity levels.
Fair Pay & Worker Respect
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In 2024, the company's CEO pay ratio was 85:1, based on a CEO compensation of $6,340,928 and a median employee pay of $74,509.
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The company earned a 2024 Great Place To Work Certification, with 85% of employees stating it's a "great" place to work, which is 32% higher than the average U.S. company.
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As of 2021, none of the company's 2,260 employees were covered by a collective bargaining agreement.
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Voluntary employee turnover was 28.77% in 2021, following 18.3% in 2020.
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Fair Trade & Ethical Sourcing
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The company is a bank, and the provided articles do not contain specific, quantifiable data for any of the KPIs related to fair trade and ethical sourcing, which typically apply to companies with physical supply chains or material sourcing. While some articles mention a commitment to developing a supplier diversity program or recommending diverse vendors
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, these are either future plans or general statements without a specific percentage of procurement budget directed to diverse suppliers. Therefore, no KPIs can be scored based on the provided evidence.
Honest & Fair Business
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The provided articles do not contain specific, quantitative data points or verifiable facts relevant to any of the 'Honest & Fair Business' KPIs. While one article mentions an 'ethics reporting mechanism, Ethics Point,' it explicitly states a lack of quantitative data or relevance to the specified key metrics, preventing any scoring.
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Other articles either point to SEC filings without providing content or indicate that access to article content was throttled, preventing data extraction.
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Kind to Animals
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As a bank, the company is service-oriented and has no direct involvement in animal-derived products, animal testing, or animal agriculture, making most KPIs N/A. The Umpqua Bank Charitable Foundation lists "Pet welfare" and "Wildlife conservation" as eligible programming for community grants,
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but this is a guideline for potential funding, not evidence of direct measurable impact or specific initiatives by the company. Columbia Bank sponsored Small Business Recovery Grants, one of which was awarded to the Animal Welfare Association of Voorhees.
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Julia Russill wrote a letter to the city regarding the expansion of Roseburg's Enhanced Law Enforcement Zone,
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which is public policy engagement but not specifically related to animal welfare.
No War, No Weapons
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No specific, concrete data points relevant to the 'No War, No Weapons' ethical value for Columbia Banking System, Inc. (COLB.US) were found in the provided articles. The articles discuss general financial performance
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, SBA resources
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, and cybersecurity services for a different entity (Columbia Advisory Group)
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, but do not contain information on arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other related metrics for COLB.US.
Planet-Friendly Business
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No specific quantitative data or concrete facts were provided across any of the articles to assess Columbia Banking System, Inc.'s performance against the Planet-Friendly Business KPIs. The available information primarily consists of general ESG risk ratings and statements about data gaps, rather than measurable environmental metrics or initiatives.
Respect for Cultures & Communities
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The company provided $1 million in grants to local nonprofits in 2023, with a focus on affordable housing, education, career readiness, entrepreneurship, and health & wellness.
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It received a "Satisfactory" rating in its most recent Community Reinvestment Act (CRA) examination.
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Safe & Smart Tech
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No specific, concrete evidence regarding data protection, cybersecurity, or responsible AI practices for Columbia Banking System, Inc. (COLB.US) was found in the provided articles. The available articles primarily contain financial data or general information about banking services. Several SEC filings were inaccessible due to throttling, and one corporate profile explicitly stated a lack of data on security, privacy, or AI practices.
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Zero Waste & Sustainable Products
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No evidence available to assess Columbia Banking System, Inc. on Zero Waste & Sustainable Products.