ESG (Environmental, Social, and Governance) is more than just a buzzword for banks. It should be embedded in the culture of our financial institutions. But where do you start? In this episode, Rafael DeLeon talks with Dorothy Savarese, chair and CEO of Cape Cod Five, about how financial institutions can exercise environmental stewardship in every aspect of their strategy -- from developing business offerings and adjusting business continuity plans to building an HQ. Listen and learn the steps your FI can take to incorporate ESG into your culture.
Hey buddy, you won't believe who I had on the podcast today – Dorothy Savarese, the big shot Chair and CEO of Cape Cod Five, that historic bank with over a century of legacy! Yeah, I know, sounds crazy, right? She's been steering that ship for almost three decades, taking it to new heights. And let me tell you, she's all about this purpose-driven banking thing – making a real impact on the community and the environment.
Dorothy's got this incredible resume – she's been on American Banker's Most Powerful Women in Banking list for ten years straight! Plus, the governor himself appointed her to this clean energy commission, and she's been speaking all over, spreading the word about how banks can lead in stuff like diversity and the environment.
So, get this – we covered so much ground. From how they tackled going paperless to survive the digital shift, to facing down climate risks like tornadoes and Nor'easters head-on. And hold on, Dorothy had this really unique perspective on what each climate event teaches you and how it connects to business continuity. Seriously, blew my mind!
But wait, there's more! Solar loans, electric vehicle incentives, a LEED Gold headquarters – these guys are like pioneers in merging environmental responsibility with banking. They're hitting the green economy sweet spot while doing wonders for the community and their bottom line.
Honestly, you've got to listen to this episode. Dorothy's dropping so many nuggets of wisdom on how banks can be eco-friendly, boost their community, and still rock the financial world. Just search for the podcast – this one's a game-changer!