Since 1985, our straightforward business model has focused on delighting our clients with exceptional service while always operating in a very safe and responsible manner. We treat each and every client with great care, and this level of care extends to all stakeholders, including our colleagues and communities. Our ability to consistently maintain this high standard of service, through a variety of environments, is the reason First Republic Bank has been successful for 35 years, including during this unprecedented pandemic.
Our colleagues are the heart of our business. They bring our values to life through their passion for serving our clients and communities. Many of the initiatives in this report were originated by our colleagues and we truly appreciate their dedication to First Republic. This entrepreneurial, inclusive way of working is the backbone of our unique culture which empowers colleagues to be their best. We have always believed that our business starts with empowered colleagues who care for and help build strong clients and communities, which ultimately leads to success for our shareholders. Creating shareholder value is the result of upholding our values and conducting business responsibly and ethically.
The events of the past year have brought us together to further reflect on our business and where we can harness our strengths to have an even greater positive impact on our colleagues, clients and communities. We have long believed that having a diverse team and inclusive culture have enabled us to deliver on our goal of providing extraordinary service. However, we recognize that we can and should do more. This has included partnering with Management Leadership for Tomorrow to take a more deliberate approach to diversity, equity and inclusion (DEI), expanding our diversity recruiting efforts and deepening our partnerships with community organizations dedicated to racial equity. Our enhanced focus will only strengthen our service culture and the creativity and teamwork of our colleagues.
Our 2020 Corporate Responsibility Report is focused around six key, long-term priorities which are core to our continued safe, sustainable growth. This year, we are pleased to provide a Sustainable Accounting Standards Board (SASB) index. We hope you find this helpful when learning about our responsible business practices.
Whether you are a colleague, a client or our neighbor, it is a privilege to serve you.