Better Health for All

Regions Financial Corporation demonstrates a substantial commitment to better health for all through various initiatives. The company has made a major impact on health disparities by eliminating $9.1 million in medical debt for nearly 6,000 individuals in Houston and Atlanta in 2023

, and an additional $5 million in 2022, relieving financial and emotional stress. It provided $800,000 in financial support to Canopy Children’s Solutions, serving over 8,000 children and their families with behavioral health solutions , and sponsored their 2024 Children’s Mental Health Summit. Regions also financed a new facility for the Resource Center in Dallas, enhancing accessibility for over 8,000 annual LGBTQIA+ clients. Furthermore, since 2020, the company has invested $18.4 billion in community development, including affordable housing, which improves living conditions linked to health. In 2023, associates volunteered 104,000 hours, including financial wellness events and educational workshops , and the bank expanded its financial education program with resources to manage medical expenses, supporting overall well-being and health literacy.

Fair Money & Economic Opportunity

Regions Bank received a "Satisfactory" CRA rating from the Federal Reserve in October 2023

, reflecting its record in meeting community credit needs, including low- and moderate-income areas . The company also provides annual fair and responsible lending training to its associates .

Fair Pay & Worker Respect

In May 2023, 89% of Regions Financial associates affirmed it as a great workplace, which is 32 points higher than the average U.S. company.

In 2023, the CEO-to-median-employee pay ratio was 139:1, with the CEO earning $9,265,077 compared to a median employee compensation of $66,724. The company established a minimum starting rate of $15 per hour for entry-level positions in 2018 and offers competitive benefits including health insurance, a 401(k) plan with matching, and parental leave. Regions is committed to Equal Employment Opportunity, prohibiting discrimination, and has introduced 20 DEI networks. The company was recognized as an Employer Honoree by the American Opportunity Index in 2024 and named one of America’s Most JUST Companies for the third consecutive year in February 2023.

Fair Trade & Ethical Sourcing

Regions Financial Corporation, as a bank, does not directly engage in material procurement or supply chain activities typically associated with Fair Trade & Ethical Sourcing.

The company does not procure or trade physical commodities, nor does it have a supplier base requiring welfare or sourcing audits, exposure to upstream labour practices, or supply chain tiers to map. Therefore, KPIs related to fair trade certification, audit frequency, forced/child labour incidents, traceability, remediation speed, ethical clause coverage, and materials risk are not applicable to its operations. No specific evidence is provided regarding the percentage of the procurement budget directed to indigenous, minority, or local community suppliers.

Honest & Fair Business

Regions Financial Corporation incurred $3.7 million in ethics-related regulatory fines over the past three years.

This includes a $2.95 million fine in 2023 for unsafe and unsound flood insurance practices and a $750,000 fine in 2024 for an investor protection violation. The company has an anti-corruption policy that is communicated and trained on. Regions also has mechanisms for raising concerns, and a whistleblower report regarding unlawful overdraft practices was previously sent to the board. The company states it has not been required to file any financial restatements since the 2023 Shared Value Report. Regions emphasizes transparency and accountability, voluntarily releasing disclosures and stating a commitment to good corporate governance.

Kind to Animals

Regions Financial Corporation is a financial services company, and its core business model does not involve animal-derived products, animal testing, animal agriculture, or direct impact on wildlife habitats. There is no concrete evidence of the company engaging in activities that either promote or harm animal welfare

, nor does it have documented policies or initiatives directly related to being kind to animals . Its community investments focus on economic and community development, education, and financial wellness , not animal welfare or conservation . Therefore, all KPIs related to animal welfare are not applicable to its operations.

No War, No Weapons

Regions Bank has ongoing financial ties to gun manufacturers, providing substantial financial support including a $1 million letter of credit

and participation in loans to other firearm companies , demonstrating a lack of zero exposure to controversial weapons. Furthermore, the company maintains a Defense, Aerospace, and Government Services group , indicating no divestment from defense-related assets. For procurement, Regions expects its suppliers to comply with all applicable labor laws and regulations , respect individual human rights , and operate free from abuses such as child or forced labor, slavery, and human trafficking .

Planet-Friendly Business

Regions Financial Corporation adopted an Environmental Sustainability Policy Statement in 2018

and set a goal to reduce operational greenhouse gas emissions (Scope 1 and 2) and energy use by 30% by 2023, using a 2015 baseline . By 2019, the company achieved a 28% reduction in Scope 1 and 2 emissions . Regions has implemented energy-efficient practices, including LED lighting and high-efficiency HVAC systems , and is transitioning some sites to renewable energy sources, focusing on solar panels . A 2019 pilot of the EnviroGreen Branch model in 10 branches resulted in an average 44% reduction in electricity consumption . The company has also committed $1.5 billion to sustainable finance and environmental lending initiatives .

Respect for Cultures & Communities

Regions Bank and the Regions Foundation have demonstrated significant community engagement and investment. Since 2020, they contributed $18.4 billion to community development

, with $22.5 million in financial support in 2023 focused on economic and community development, education, and financial wellness . In 2023, the bank provided $7.8 billion in small-business and farm lending , $4.1 billion in community development lending , $2.2 billion in CRA-qualified investments , and $51.7 million in CRA-qualified contributions . The Regions Foundation also provided $16 million in grants and investments , and employees volunteered 165,000 hours . The company exceeded a $12 million racial equity commitment by allocating $14.6 million to over 270 organizations , supporting minority depository institutions and community development financial institutions . Regions Bank launched the Birmingham Black-Owned Business Initiative and hosted a Native American artist as part of its diversity, equity, and inclusion efforts . However, in 2023, the bank faced criticism and allegations of racial discrimination following the closure of APEDF's accounts , leading to calls for a boycott .

Safe & Smart Tech

Regions Bank is a member of the U.S. Artificial Intelligence Safety Institute Consortium (AISIC)

and The Data & Trust Alliance, which has been driving the adoption of responsible data and AI practices since 2020. The bank has an underlying policy and standard for how AI is used , with a risk framework based on ethical principles. Customers have strong control over their data, authorizing consent to share account information only after individual transactions are approved and able to review and deactivate data sharing at any time. The company's Amplify Open Banking solution integrates consent management, allowing customers to opt-in to approve data sharing. Regions Financial Corporation's Information Security Program is designed to reflect regulatory requirements , and it builds APIs to Financial Data Exchange (FDX) standards, having joined FDX in 2021. The company has not experienced any material losses relating to cybersecurity threats or incidents for the year ended December 31, 2024, and past events have not resulted in a breach of client data or account information. Regions regularly provides associates with cybersecurity training and education at least annually. There are no documented incidents of unauthorized data use. Regions regularly tests and assesses its environment, including risk assessments and penetration testing.

Zero Waste & Sustainable Products

Regions Financial Corporation has implemented several waste reduction initiatives. The company achieved a 46% reduction in internal copy paper use over five years, saving 92 million sheets of paper in 2019.

This was partly driven by encouraging customers to switch to electronic statements. Additionally, Regions piloted an EnviroGreen Branch program in 2019, which focuses on waste reduction.