Environmental, Social and Governance Updates
City Holding Company’s
Environmental, Social and Governance
Policies, Statements and Updates
City Holding Company (“City”) recognizes that a healthy, sustainable future requires environmental stewardship, and commits to increasing our environmental performance and reducing our carbon footprint.
City maintains a Code of Conduct and Ethics that sets forth the ethical principles and standards that all directors, officers and employees should adhere to in both their corporate and personal conduct. The Code of Conduct informs employees of their responsibilities regarding conflicts of interest, the prohibition on trading on inside information, how to protect the confidentiality of both Valley and customer information, gifts and entertainment from our customers and vendors and how to promote a work environment in which all employees and customers are treated with respect and decency. City also has an Anti-Fraud Policy that addresses the potential for fraud, what constitutes fraud and how to prevent or detect fraud. All employees are asked to review the Code of Conduct and the Anti-Fraud Policy on an annual basis and are also required to participate in annual training on these policies. Both the Code of Conduct and the Anti-Fraud Policy require employees to promptly report any concerns related to potential fraud or violations of law, regulation or the Code of Conduct. Concerns and complaints can be reported to an employee’s manager, the Human Resources Department, the Ethics Officer, or the Audit Committee. Employees can also submit a complaint anonymously through our ethics hotline and website. The hotline and website are hosted by a third party and are available 24 hours a day, 7 days a week. Complaints are referred to our Ethics Officer, who coordinates and conducts investigations and escalates significant violations to management and our Audit Committee, as needed. We prohibit any retaliation or discrimination against an individual for reporting a concern or complaint or participating in an investigation.
City’s governance statement, as well as a number of disclosures related to City’s governance program are furnished in connection with the solicitation of proxies to be used at the Annual Meeting of Shareholders of City Holding Company. The most recent meeting was held on Tuesday, April 12, 2022.