Environmental, Social, and Governance (ESG) Commitment at Synovus

Being environmentally responsible, socially committed, and employing strong, transparent governance practices are essential to who we are. We’re driven every day by Our Purpose – to be the bank that leads and strengthens our communities and serves the needs of our customers through real, personal relationships. We enjoy a strong reputation and our legacy is built on our people-first culture.

Governance

• Corporate Governance and Board Independence
• Ethics, Legal, and Regulatory Compliance
• Enterprise Risk Management

Human Capital

• Our Team
• Health and Safety
• Team Member Engagement
• Diversity, Equity, and Inclusion

Social Responsibility

• Access, Affordability, and Community Development
• Community Relations
• Selling Practices and Product Labeling
• Customer Privacy and Data Security
• Supply Chain Management

Environmental Management

• Addressing Climate Change
• Energy Management
• Paper and Waste Management

As a regional financial institution with locally-focused leadership, we’re deeply committed to serving communities of all sizes, demographics, and economic prospects. We believe the best way to ensure the long-term health of our bank is to help ensure the health of the communities we serve. We express our commitment through Here Matters, our community outreach program.

We are dedicated to serving as a stable source of value creation for our shareholders through sound corporate governance, a robust shareholder engagement program, and effectively stewarding shareholder capital.1

Throughout the year, members of our senior leadership team meet with a number of our shareholders to discuss our corporate strategy, financial performance, long-term objectives, credit risks, capital management, enterprise risk management, corporate governance, and ESG-related matters. The feedback we receive and the perspectives shared are carefully considered by our management team and have influenced several important changes over the years.

Our focus on Environmental, Social and Governance (ESG) factors is about long-term financial sustainability and how to incorporate ESG risks and opportunities into our strategy. Our governance framework is firmly rooted in risk management and compliance and establishes the foundation of our sustainability and ESG program.

Frameworks & Standards

To guide our ESG efforts and reporting, we leverage the Accounting Standards for Commercial Banks from the Sustainable Accounting Standards Board (SASB). These standards identify the ESG areas that are likely to be most relevant to our financial and operating performance. Read more in the Sustainability Section of the Synovus 2022 Proxy.