Client-focused, environmentally conscious

First Republic is taking action to create a more sustainable future.

Our 2021 Achievements

  • We achieved carbon neutrality.
  • We purchased 100% renewable energy.
  • We reaffirmed our commitment to not lend to fossil fuel companies.

Complete information on our expanded commitment to the environment can be found in our fact sheet.

First Republic has always believed in doing the right thing for our clients, colleagues and communities. Reducing our carbon footprint and taking additional measures to protect the environment are an essential part of that commitment.

James H. Herbert, II Founder, Chairman and Co-CEO

Climate change is having a very real impact around the world. As a responsible corporate citizen, First Republic is committed to operating in an environmentally responsible manner.

Hafize Gaye Erkan Co-CEO and President
Our Strategic Priorities

As a people-centric organization, 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.

Learn more about our commitment to serving all our stakeholders through our Corporate Responsibility Report:

Our Commitment to Diversity, Equity and Inclusion (DEI)

Since our founding in 1985, diversity has been a key competitive advantage. We believe that having a diverse team and inclusive culture creates opportunities to better serve our clients and communities.

In 2020, we expanded our commitment to DEI by partnering with Management Leadership for Tomorrow, a national nonprofit that equips and emboldens high-achieving Black, Latinx and Native American individuals to secure high-trajectory jobs, while partnering with leading organizations to provide access to a new generation of diverse leaders.

Colleague Empowerment

47%
Women1
49%
PEOPLE OF COLOR1
50+
LANGUAGES SPOKEN

We support our colleagues with comprehensive benefits and are proud to offer a $30 minimum wage.

Caring for
Our Communities

We serve our communities through affordable housing and homeownership initiatives, by developing our local economies, and through volunteering and giving.

Lending and Investment

During 2020, First Republic dedicated over $3.7 billion in lending and investment capital, equivalent to 2.9%2 of total bank assets, to support underserved and underrepresented communities.

$3.7 B

Volunteering and Giving

First Republic encourages colleagues to volunteer at their favorite nonprofit organizations by offering two days per year of paid time for volunteer work.

710
Nonprofits supported through colleague volunteering in 2020
21,500
Hours volunteered by colleagues in 2020
790
Nonprofits supported with charitable contributions and grant awards in 2020

Why I Volunteer

The First Republic Foundation: Expanding Philanthropic Support in the Communities We Serve

Founded in 2021, the First Republic Foundation invests in entrepreneurial nonprofit organizations, initiatives and ideas that help our communities thrive.

We are committed to responsibly and strategically deploying resources to provide opportunity for the underserved and underrepresented. In our inaugural year, we will invest in innovative nonprofit partners and bold ideas in the areas of education, arts and culture, and affordable housing.



Empowering
Our Partners

For over 35 years, we’ve committed ourselves to helping our partners realize their fullest potential.

While we support a wide range of nonprofits, we have a particular passion for health and human services, education and the arts.

Below is just a sampling of those partnerships.

Health and Human Services


Education


Arts for All



1 Total workforce as of December 31, 2020. “People of Color” includes all nonwhite ethnicities as defined by the Equal Employment Opportunity Commission (“EEOC”), which include American Indian/Alaska Native, Asian, Black, Native Hawaiian/Pacific Islander, two or more races, and Hispanic or Latinx.

2 Full-year 2020 average total assets.

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