Fair Trade & Ethical Sourcing

Unity Bancorp, Inc. (UNTY.US) is a bank, and the provided articles, which include financial reports and codes of ethics, do not contain specific quantitative data points relevant to the procurement of physical commodities or supply chain practices typically associated with 'Fair Trade & Ethical Sourcing'. Therefore, KPIs such as fair_trade_cert_share, audit_frequency, and traceability_coverage are scored as N/A, as the organization does not procure or trade physical commodities or have a supplier base requiring welfare or sourcing audits in this context.

No evidence was found for forced_child_labour_incidents, remediation_speed, ethical_clause_coverage, materials_risk_index, or supplier_diversity_spend, leading to their omission.

Honest & Fair Business

Unity Bank has a comprehensive whistleblower policy, including a secure, anonymous reporting hotline (LIGHTHOUSE Anonymous Reporting Hotline at 800-401-8004) and multiple internal channels for reporting.

The policy applies to all officers, directors, employees, and contractors, and explicitly states a zero-tolerance policy for intimidation or retaliation against individuals who make good-faith reports, with confidentiality maintained to the extent possible. The company has adopted a clawback policy requiring the return of incentive compensation in the event of a financial restatement. All directors, except the President and CEO, were determined to be independent in 2024 according to NASDAQ listing standards. The company has adopted a Code of Ethics, which applies to all officers, employees, and the Board, addressing conflicts of interest and prohibiting bribery, money laundering, and transaction structuring. The Audit & Risk Committee reviews reports from internal and independent auditors and regulatory agencies.

Kind to Animals

Unity Bancorp, Inc. is a financial services company, operating as a bank. Its core business model involves providing deposit products and lending services, which do not entail activities such as manufacturing products requiring cruelty-free certification, engaging in animal testing, sourcing animal-derived ingredients, operating animal agriculture facilities, or directly impacting wildlife habitats.

Therefore, all KPIs under the 'Kind to Animals' value are not applicable to the company's operations, and no relevant data was found in the provided articles.

No War, No Weapons

The provided articles do not contain any specific, concrete data points or factual information relevant to Unity Bancorp, Inc.'s involvement in arms manufacturing, military contracts, dual-use technology, sales to embargoed regimes, peacebuilding initiatives, or any other metrics related to the 'No War, No Weapons' ethical value.

All articles explicitly state the absence of such data. Therefore, no KPIs can be scored based on the evidence provided.

Planet-Friendly Business

Multiple articles, including the 2020 and 2021 Sustainability Reports, consistently state that no regulatory actions, violations, fines, or compliance issues are mentioned.

This indicates an exemplary compliance history. No specific quantitative data is available for other planet-friendly business metrics, such as total greenhouse gas emissions, renewable energy percentage, water usage, waste diversion rates, or science-based targets.

Respect for Cultures & Communities

Unity Bancorp has at least one formal partnership with a local community group, America's Grow-A-Row (AGAR), which addresses food insecurity.

The bank donated $25,000 to AGAR's 2022 Farm to Fork Volunteer Sponsorship program. A marketing director and first vice president of Unity Bank serves as a trustee on the AGAR board. The company's community development lending represents 5.9% of average total assets and 7.2% of average net loans, totaling $35.3 million during the evaluation period. Qualified investments amount to $705,245, or 0.1% of average total assets. The bank also provided $1,997 in donations to local non-profit organizations. Unity Bank originated seven community development loans totaling $2.4 million to an entity providing specialized transportation to elderly and disabled individuals. The bank also originated two loans totaling $135,096 to small businesses to revitalize moderate-income census tracts. Unity Bank sponsored a $120,000 grant for a four-unit housing project for low-income, disabled Veterans.