M&T ESG REPORT

Together we can make an impact

The 2021 Environmental, Social and Governance report highlights the progress M&T has made over the past year and the work ahead. We’re excited to share our journey.

Download the M&T Bank Wilmington Trust
2021 ESG Report (PDF)

A summary of M&T’s overall progress and commitments can be found below. Among other things, this includes the bank’s unique work in affordable housing and creating multicultural centers for customers, as well as new goals of achieving carbon neutrality by 2035 and operating solely on renewable power by 2030. As we grow, we treat each new community as unique: focusing on its needs, hiring local talent and helping it overcome challenges.

M&T’s corporate governance, systemic risk management, corporate culture, and transparency to stakeholders are essential in the creation of long-term value and trust. 

  • 93% of M&T employees believe the company is committed to ethical business practices
  • 42% of M&T’s board are diverse in terms of gender, race, and sexual orientation
  • 47% of the company’s board has been with M&T for five years or less, fostering diverse and fresh perspectives

M&T is driven by a mission to make our communities better places to live. Our environmental sustainability strategy is rooted in a single purpose: making a difference in people’s lives.

  • M&T committed to using 100% renewable power by 2030 and to making its operations carbon neutral by 2035
  • M&T invested $173.8 million in the renewable energy sector in 2021; $1 billion will be invested in renewable energy projects over the next five years
  • The company decreased its Scope 1 and Scope 2 emissions by 21% from its 2019 baseline

M&T has become one of the nation’s strongest banks by understanding what matters most to its customers – and employees. M&T colleagues experience the advantage of working in a large company with the rewards of working in a community-focused organization. In 2021: 

  • 41% of new hires were diverse
  • Employees averaged a tenure of 9.9 years
  • 49% of management were women; 25% of senior leadership were women

M&T is successful when the communities it serves are successful. M&T believes harnessing the power of capital to build equitable communities is the best way to ensure long-term success for the company and its neighbors. In 2021, M&T:

  • Financed $1.73 billion in a project containing affordable housing
  • Designated 99 additional bank branches as multicultural centers, bringing M&T’s total to 118
  • Originated 1,115 Small Business Administration Loans, totaling $201.5 million 

M&T Bank ESG Report

It is our pleasure to share our Environmental, Social and Governance Report. Our environmental sustainability strategy is rooted in a single purpose: making a difference in people’s lives.

Download the M&T Bank Wilmington Trust
2021 ESG Report (PDF)