Better Health for All

M&T Bank's Charitable Foundation awarded $8.2 million in grants to 68 nonprofits

, which included support for mental health services . Additionally, M&T Bank committed $100,000 to charities for mental health support following a mass shooting in Lewiston, Maine . The company's core banking products and services have no significant direct positive or negative health impact, nor do they generate revenue from products with negative health outcomes or carry direct safety implications or addiction potential. M&T Bank does not offer health-related products, engage in health-focused R&D, or conduct clinical trials. Its operations do not generate significant health externalities. While the company supports initiatives related to healthcare access, health equity, food security, and preventative health through grants and community investments, specific quantitative data such as the percentage of vulnerable populations reached, percentage of revenue allocated, or percentage of health-related expenditure for these programs is not provided to allow for scoring against the rubric's thresholds.

Fair Money & Economic Opportunity

M&T Bank has consistently received 'Outstanding' ratings in its Community Reinvestment Act evaluations, including the highest possible rating from the Federal Reserve Bank of New York and the New York State Department of Financial Services

. These ratings, most recently in November 2023, reflect the bank's commitment to meeting the credit needs of low- and moderate-income neighborhoods . The bank also maintains a comprehensive Fair Lending Policy, updated in November 2023, which prohibits discrimination and mandates adherence by all personnel and third parties . In 2015, M&T Bank settled allegations of discriminatory lending practices for $485,000 , revising its policies and training procedures .

Fair Pay & Worker Respect

M&T Bank settled an EEOC lawsuit for $100,000 in January 2020 due to disability discrimination related to a pregnancy-related leave.

In May 2021, a lawsuit was filed against the bank alleging age discrimination, claiming older employees were systematically terminated. Since 2000, the company has paid approximately $129 million in penalties related to employment offenses. Conversely, in February 2020, M&T Bank achieved a perfect score on the Human Rights Campaign Foundation's Corporate Equality Index for LGBTQ workplace equality, reflecting comprehensive non-discrimination policies and equitable benefits.

Fair Trade & Ethical Sourcing

M&T Bank Corporation does not directly engage in material procurement or trade physical commodities. Consequently, all KPIs related to fair trade and ethical sourcing of physical goods, such as fair-trade certifications, supply chain audits, child/forced labor incidents, material traceability, remediation processes, ethical sourcing clauses in contracts, and spend on high-risk materials, are not applicable to its operations. While the bank has a $43 billion Community Growth Plan

and reported over $3.1 billion in financing for social and environmental impacts in 2023 , these initiatives pertain to its lending and investment practices, not the procurement or supply chain of physical goods.

Kind to Animals

M&T Bank supports wildlife conservation through various initiatives. The M&T Bank Rainforest Falls exhibit at the Buffalo Zoo has seen success with ocelot breeding and supports Species Survival Plan recommendations for giant anteaters and howler monkeys.

The company has invested over $40 million in a tidal restoration project aimed at restoring wetland habitat. In 2024, The M&T Charitable Foundation contributed $774,500 to environmental organizations and conservation programs. M&T Bank also provided a $5,000 grant to Hawk Mountain Sanctuary, an organization dedicated to conserving birds of prey. In 2016, M&T Bank provided a $5,000 Platinum Sponsorship to St. Hubert’s Animal Welfare Center.

No War, No Weapons

M&T Bank, as a financial institution, does not have direct involvement in arms or defense-related activities. While the bank offers solutions for government contractors, there is no explicit indication that these services pertain to military or defense contracts.

Consequently, there is no evidence of revenue derived from arms or defense contracts, nor is there any indication of exposure to controversial or banned weapons.

Planet-Friendly Business

M&T Bank aims to achieve carbon neutrality by 2035

and operate solely on renewable power by 2030 . In 2023, the company allocated $670.9 million towards environmental sustainable finance loans and investments , including support for renewable energy projects and green buildings . The bank has achieved 60% of its $1 billion commitment to renewable energy projects and reported a 23% year-over-year reduction in electricity consumption .

Respect for Cultures & Communities

M&T Bank has not reported any cultural appropriation incidents, and its banking operations do not typically involve activities that necessitate Free, Prior, and Informed Consent (FPIC) processes or direct impact on cultural or heritage sites. The company has made substantial financial commitments to community development. In 2023, it provided over $3.1 billion in financing for social and environmental impacts, including $2.5 billion for Social Sustainable Finance Loans and Investments focused on affordable housing and essential services.

M&T Bank committed $25 million over three years to the Amplify Fund to support low- and moderate-income communities and underrepresented populations. It also allocated $1.22 million to 42 community revitalization initiatives in Pennsylvania and awarded $900,000 to 30 organizations for affordable housing and homelessness prevention. Additionally, the bank committed $250,000 over five years to Harrisburg University's Center for Innovation and Entrepreneurship and supports arts and cultural organizations in Western New York, including Artpark.

Safe & Smart Tech

M&T Bank experienced a data breach in August 2023, affecting 95,000 Massachusetts residents.

The breach was linked to a vulnerability in third-party MOVEit file transfer software, compromising customers' names, addresses, and M&T account numbers, though sensitive data like Social Security numbers were not exposed. The bank's internal systems remained secure. In response, M&T promptly applied security patches, initiated an investigation, and offered affected customers free credit monitoring services. A class-action lawsuit was filed alleging inadequate cybersecurity measures. M&T Bank utilizes AI for operations such as risk management, fraud detection, customer service, credit scoring, and investment management, and acknowledges the need to address ethical considerations like data privacy, algorithm transparency, and bias mitigation. The company has an Enterprise Information Security Program that includes vulnerability testing and an employee security awareness initiative.

Zero Waste & Sustainable Products

M&T Bank achieved a waste diversion rate of 23.42% in 2023, recovering waste through recycling, reuse, or composting.

The company has implemented several waste reduction initiatives, including a Destination Disposal pilot program to reduce desk-side waste cans. , encouraging eStatement enrollment which led to an incremental increase of 85,393 eStatement enrollments, equivalent to reducing over 1 million mailings in a year. Other initiatives include adding recycling services to pilot branches. , releasing a '5 Rs of Waste Reduction' digital course. , upcycling 36 cubic yards of ceiling tile. , salvaging 19 tons of carpeting. , and refurbishing office furniture through Corporate ReUse. Corporate ReUse also sent 303,668 lb. of e-waste to an R2-certified recycler and recycled 92,095 lb. of scrap metal and 93,680 lb. of cardboard. For hazardous waste management, Corporate ReUse securely disposes of equipment, shredding hard drives and sending metals to certified recycling centers. M&T Bank has set a waste reduction target to reduce printed pages by 20% by 2030 from a 2023 baseline.