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M&T Outlines Employee Demographics in First Annual ESG Report

In its first annual report on environmental, social and governance practices, M&T Bank Corp. said that 60% of its employees are female and 23% are people of color.

In its top ranks, 40% of the bank’s board members come from diverse backgrounds, the bank said, including Chief Executive Officer Rene Jones, who is Black. Of three directors added to the board last year, two are women and one is a person of color, according to a statement released alongside the report.