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Bank OZK Releases Inaugural Environmental, Social and Governance (ESG) Report
LITTLE ROCK, Ark., June 10, 2020 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) has released its inaugural Environmental, Social and Governance (ESG)
About this update from Bank Ozk
[{"type":"text","content":"LITTLE ROCK, Ark., June 10, 2020 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) has released its inaugural Environmental, Social and Governance (ESG) Report, detailing the Bank’s 2019 ESG practices and performance. The report provides a comprehensive view of ESG matters the Bank believes are most critical to our stakeholders, including:\n Ensuring a strong governance framework to propel a culture of ethics and integrity in all we doInvesting in the development and well-being of our employeesSupporting the needs of all customers and communities in which we operate through innovative and accessible products and servicesFocusing on making a positive contribution to a sustainable environment “Throughout my four decades as Chairman and CEO, we have worked to instill in every Bank OZK employee a personal commitment to excellence, fair dealing and exceptional service. Our Bank’s continued success is built on our adherence to these cornerstone values as we implement new ideas to exponentially improve our performance,” George Gleason stated. In 2019, Bank OZK formalized its focus on implementing new ideas and initiatives to improve performance exponentially, branding it as “Better to the X-Power.” Key developments in 2019, among numerous others outlined in the ESG report, included: Launched Sustainable World Investments through the Bank’s Trust and Wealth DivisionContinued investing in technology and practices to protect and conserve natural resources, including a planned $6 million investment in solar powerCreated a Diversity & Inclusion CouncilCompleted a pilot program for leadership developmentEnhanced employee benefits, including paid parental leave, expanded paid bereavement leave and enhanced paid military leaveLaunched the first company-wide employee engagement survey To view Bank OZK’s full ESG Report, please visit http://ir.ozk.com. GENERAL INFORMATION Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Bank OZK is the #1 capitalized bank among the nation’s top 100 U.S. publicly traded banks based on asset size and Tier 1 Leverage Capital Ratio as of March 31, 2020, according to data obtained from S&P Global Market Intelligence. Bank OZK was named Best Bank in the South for 2019-2020 by Money, the personal finance news an...