First Republic: Corporate Social Responsibility

An unwavering commitment

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.

To learn more about our commitment to community, download our Corporate Responsibility Report.

Download the report

“
Our service culture is a reflection of our values and the driver of our sustainable growth. Doing the right thing and creating shareholder value are one and the same at First Republic.

”

James H. Herbert, II Founder and Executive Chairman

“
An unwavering commitment to our clients, colleagues and communities serves as the foundation of our business. Our success throughout the years has been built on this solid foundation.

”

Michael J. Roffler CEO, President and Board Member

Empowering a diverse team

Since our founding, we have valued diversity in our workforce, and we continue to provide an inclusive culture. Our philosophy is to hire a diverse range of people who share our values, entrepreneurial spirit and commitment to service, then empower them to be their best.

We have 10 inclusive Colleague Communities to foster networks and build strong relationships between members and allies.

Alliance for Latinos Advancing Success
Asian and Pacific Islander Colleague Community
Black Employees and Allies Achieving Magnitude
DEI Ambassadors
DiverseABILITY
Eagles for Earth
Equal Eagles
Toastmasters
Veterans Colleague Community
Women’s Connection

Our diverse workforce¹

Women¹

PEOPLE OF COLOR¹

LANGUAGES SPOKEN

First Republic’s EEO-1 report is available here.

Supporting affordable housing and homeownership

We leverage our standing as a leading financial institution to support our communities through affordable housing and helping more people become homeowners. To put this in perspective, we have financed approximately one affordable rental unit for every single-family residential loan we have originated over the same period.

In 2021

Dedicated $4.7 billion in lending and investment capital to support historically underserved communities

Between 2011 and 2021

Originated $11.0 billion in community development loans

Since 2015

Originated $4.6 billion of Eagle Community home loans to support those in historically underserved communities

Volunteering and giving

We offer our colleagues two paid days to volunteer with organizations that make an impact on our local communities. In 2021, we launched the First Republic Foundation to build on our legacy of philanthropy and to further invest in entrepreneurial organizations, initiatives and ideas that help our communities thrive.

In 2021

Volunteered 22,500 hours to support 750+ nonprofits

Supported 700+ nonprofits with charitable contributions and grant awards

Managing our environmental impact

As part of our commitment to our communities and each other, we’re taking action to protect our environment and create a more sustainable future. In addition to managing our own carbon footprint, we support our clients and colleagues in managing theirs. We offer the First Republic Green Discount on loans for LEED-certified commercial and construction programs and provide Environmental, Social and Governance portfolio management choices.

Going forward, we intend to:

Remain 100% carbon neutral across our Scope 1 and Scope 2 emissions.

Purchase 100% renewable energy.

We will not lend to fossil fuel companies or other businesses operating in environmentally sensitive industries.

For more information on First Republic’s environmental initiative, please see our fact sheet here.

To learn more about our corporate responsibility efforts, we invite you to download our report.

Download the report

More About First Republic

¹Total workforce as of February 28, 2022. “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 Latino.

Our Corporate Social Responsibility

An unwavering commitment