TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 30 The Company’s Chief Risk Officer chairs the Strategy Sustainability Committee to provide interconnectivity Impact of Climate-related Risks between the committee and the Company’s enterprise risk management function, which is responsible for Climate-related Risks and Opportunities and Opportunities incorporating climate-related risks into the Company’s risk framework. The company is currently in the early Given our operational footprint within the Gulf South and With respect to our own operations, we’ve long been stages of formally identifying and assessing climate- Gulfport, Mississippi headquarters, our company and committed to service when crisis hits. We understand related risks beyond operational risks stemming from associates are frequently impacted by hurricanes and that our customers need reliable banking services the Company’s geographic footprint. We believe the other storms, as well as flooding. when recovering from severe weather events, and governance framework that we have put in place will we endeavor—when it is safe and sensible for clients enable fulsome consideration of the climate risks and We are in the initial stages of examining how climate- and associates—to be the last to close and the first opportunities at Hancock Whitney as our practices and related physical, transition and regulatory risks may to open. Our actions taken to mitigate climate-related processes mature beyond those currently described in impact those to whom we lend or in which we invest, risks posed by hurricanes and other storms are guided this report. both at present and as extreme weather events grow by our business continuity plan. This plan outlines in frequency, intensity, and duration, as the effects of measures and protocols to take in preparation of, during The Disclosure Committee assists the Chief Executive climate change intensify. Our intention is to integrate any and after climate-related weather events to ensure Officer and Chief Financial Officer in fulfilling their findings into our business strategy over short-, medium- our critical business operations continue to function responsibility to ensure financial statements and and long-term time horizons. consistent with our commitment to service. In addition, disclosures made by the Company are complete, we believe it is paramount to provide relief and recovery accurate and timely filed in accordance with Securities resources to help associates and their families remain and Exchange Commission rules and regulations, stock safe and recover quickly when storms do occur. For exchange listing requirements, generally accepted example, in August 2021, approximately 25% of our accounting principles, internal policies, and other legal or associates were impacted by Hurricane Ida in some regulatory requirements. In addition to the Sustainability way. To assist associates in their recovery, we made a Committee, the Disclosure Committee reviews and $500,000 contribution to the Hancock Whitney Associate approves the content of the Company’s Environmental, Assistance Fund to provide relief and recovery grants Social Responsibility and Governance Report before for impacted associates. We also coordinated lodging, publication. blue tarp assistance, meals and other resources to further support associates in need, totaling more than $1.6 million.
2022 Hancock Whitney ESG Report Page 29 Page 31