SVB Financial Group :: Corporate Social Responsibility

Corporate Social Responsibility

Overview

Community & Philanthropy

Community Reinvestment Act

Facts at a Glance

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At SVB Financial Group, satisfying the complex needs of our clients is what our business is all about. We work hard to be the premier provider of innovative financial services to entrepreneurial companies of all sizes worldwide. But that's only part of our story. Behind every client of SVB Financial Group is a system dedicated to earning their trust. And whether it's called "corporate citizenship" or "social responsibility," SVB Financial Group takes seriously its commitment to conducting business in an ethical and responsible manner. We live up to that commitment in the way we work, in our accountability to shareholders and our engagement with our employees, customers, the communities we are chartered to serve and the environment in which we operate.

The Way We Work and Our Accountability to Shareholders
Effective corporate governance is essential for maintaining the public trust and achieving long-term sustainable value for all of our stakeholders. SVB Financial Group is committed to sound oversight consistent with the best interests of our stakeholders, ethical business principles and adherence to the letter and spirit of the law. SVB Financial Group is also diligent about ensuring its compliance with requirements of all applicable banking laws and Generally Accepted Accounting Principles, and reporting our financial results objectively and accurately. For more information please see our Corporate Governance statement and details about the Board of Directors.

Engagement With Our Employees
Engaged, able and qualified employees who feel fulfilled and energized, and who embrace our business strategy and culture, help make our business successful. SVB Financial Group is deeply committed to investing in employees and developing current and future leaders. This is achieved through a welcoming and collaborative environment, a safe and healthy workplace, organizational transparency, and attractive compensation. Our goal is to consistently be one of the 100 "Best Places to Work" in the Greater Bay Area as measured by the San Francisco Business Times, Silicon Valley/San Jose Business Journal and East Bay Times. For more information about compensation, employee activities and SVB Financial Group's place as one of the top 100 "Best Places to Work" please see our Careers site.

The Communities We Are Chartered to Serve
In return for Federal deposit insurance, financial institutions are required to make every effort to provide financial services to low- and moderate-income individuals and the low- and moderate-income communities the institution is chartered to serve as mandated through the Community Reinvestment Act ("CRA"). SVB Financial Group looks beyond the mandates of this regulatory requirement and stands on the belief that communities are the building blocks of our nation and that the economic health of our communities affects not only our local economy, but the international economy as well. A sustainable commitment to the communities we serve requires employee collaboration with various financial organizations, corporate leaders, foundations, non-profits, government entities (domestic and international) and others. SVB Financial Group employees at all levels participate in a variety of activities that make communities a better place to live and work, including but not limited to:

Active leadership in the various committees of the Silicon Valley Leadership Group
Triathlons for the Leukemia-Lymphoma Society's Team in Training and endurance bicycle rides for Best Buddies International
Helping SVB Financial Group clients create Social Responsibility Programs of their own through the Entrepreneurs Foundation
Volunteering time with low-income families in the Salvation Army Adopt-a-Family Program and bridging the divide between low-income youth and the entrepreneurial spirit of Silicon Valley through BUILD and the National Foundation for Teaching Entrepreneurship and
Donning hard hats for the annual National Rebuilding Together Day every April

In order to better support employee participation in community activities, The SVB Foundation exists to make grants on a quarterly basis to community organizations where SVB Financial Group employees volunteer or serve in leadership positions, and the organizations share our goal of serving and improving the community.

SVB Financial Group's goal is to dedicate resources to positively impact communities throughout its footprint in a manner that is sustainable and inclusive, and to consistently achieve a "Satisfactory" rating by the Federal Reserve on our CRA examinations. For more information, please read about SVB Financial Group's CRA program, the SVB Foundation and SVB Financial Group community initiatives.

The Environment In Which We Operate
As with most financial service organizations, SVB Financial Group's main impact on the environment is indirect, through our lending and investments. The environmental risks facing businesses today add a new dimension to risk management. SVB Financial Group's role of allocating capital to cutting-edge businesses brings with it responsibilities of recognizing those risks and considering the sometimes conflicting interests of our clients and other stakeholders in society. SVB Financial Group is committed to being a well-informed and valued business partner for our clients, resulting in both increased business opportunities and decreased environmental risks.