Impact & transparency
Operational greenhouse gas emissions
SVB recognizes the significant economic, societal and ecological threats of climate change. We support entrepreneurs and high-growth companies advancing innovations that reduce greenhouse gas (GHG) emissions, and we take steps to monitor and reduce our own emissions. The following inventory of our 2020 GHG emissions was conducted according to the guidelines of the Greenhous Gas Protocol and reported to CDP.
SVB* global GHG emissions by scope, 2020
|GHG emissions scope||2020 mt CO2e|
|Scope 2 (location based)||6,948|
|Scope 2 (market based)||6,820|
|Scope 3||Category 3: Fuel and energy-related activities||1,395|
|Category 6: Business travel||2,692|
|Category 7: Employee commuting||4,018|
|Category 8: Upstream Leased Asset||393|
*Does not include GHG emissions from Boston Private, which was acquired in July 2021. We will adjust 2019 and 2020 inventories with Boston Private emissions in future disclosures.
Workforce diversity metrics
An inclusive workplace expands opportunities for everyone. SVB benefits from a diverse workforce, and we aim to continue to increase diverse representation at all levels of the company. Below are our workforce demographic stats as of December 31, 2021.
We report demographic metrics using racial categories defined by the US Equal Employment Opportunity Commission. Race & ethnicity figures represent US employees only, as regulatory requirements governing data collection and privacy preclude comprehensive data collection in our international offices. We are exploring how we can effectively track and share data on our global workforce. Senior leadership includes anyone in the following job levels: Executive Committee (including our executive officers), and leaders from certain top levels of SVB's two highest bands of management. Categories with less than 1% representation do not appear in the graphs. Not disclosed represents individuals who did not choose to disclose gender, race & ethnicity data. All data is as of 12/31/21.
See our 2020 EEO-1 report (US only)
We are proud to be a member of the Bloomberg Gender-Equality Index, recognizing our continued focus and progress towards gender diversity and equality. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and pro-women brand. We continue to evaluate our process to advance gender parity in SVB leadership roles and ensure fair pay. In 2021, we completed a Gender Pay Gap Report for our UK office.