Western New England Bancorp, Inc..
WNEB.US | Other monetary intermediation
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank, which provides banking products and services in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as certificates of deposit. The company's loan...Show More
Better Health for All
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No evidence available to assess Western New England Bancorp, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Western New England Bancorp, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
20
In 2024, Western New England Bancorp, Inc.'s CEO-to-median employee pay ratio was 28:1.
1
This ratio is derived from the CEO's total compensation of $1,494,165 and a median employee pay of $53,127.
2
Fair Trade & Ethical Sourcing
0
Western New England Bancorp, Inc. operates as a financial institution (a bank).
1
Therefore, KPIs related to fair trade certifications, supplier audits for welfare/sourcing, exposure to upstream labor practices, supply chain traceability for physical goods, remediation processes for sourcing violations, ethical sourcing clauses in supplier contracts for materials, or sourcing of high-risk materials are not applicable to its core business model. No evidence was found regarding the percentage of procurement budget directed to diverse suppliers.
2
Honest & Fair Business
0
No evidence available to assess Western New England Bancorp, Inc. on Honest & Fair Business.
Kind to Animals
0
No evidence available to assess Western New England Bancorp, Inc. on Kind to Animals.
No War, No Weapons
0
Western New England Bancorp, Inc. operates as a banking institution, providing financial products and services. The provided articles explicitly state that no data relevant to arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment, or other metrics related to the 'No War, No Weapons' ethical value were found.
1
Given the company's core business as a bank, these activities are not applicable to its operations.
Planet-Friendly Business
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The company reported Scope 1 emissions of 319 MTCO2e and Scope 2 (market-based) emissions of 845 MTCO2e for 2024, totaling 1,164 MTCO2e.
1
This is a minimal footprint, consistent with its branchless business model that emphasizes digital resources to reduce physical footprint, land use, and energy consumption.
2
The company also donated $1,000,000 over three years to environmental organizations.
3
Respect for Cultures & Communities
0
No evidence available to assess Western New England Bancorp, Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
-20
The company invested $4.3 million in cybersecurity in 2024.
1
Based on Q4 2023 total revenue of $210.7 million, this represents approximately 2.04% of revenue.
2
All employees participate in cybersecurity and social engineering training, with the Board receiving annual formal training.
3
The company conducts social engineering tests throughout the year, and an independent auditor annually tests employee awareness and resilience to social engineering tactics.
4
Independent audits are performed periodically, including penetration testing of internal and external systems, to assess security control effectiveness.
5
Zero Waste & Sustainable Products
0
No specific data or initiatives related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audits, zero waste certification, waste disposal violations, material efficiency, packaging to product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for WNEB.US.
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