STOCK TITAN

Washington Trust Shreds More Than 25 Tons of Materials at Free Community Shred Days

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On June 16, 2022, Washington Trust announced the success of its Community Shred Days, where over 25 tons of sensitive documents were shredded and recycled. This initiative, conducted at six branches on April 9 and May 21, 2022, diverted 76 cubic yards of landfill, conserved 178,500 gallons of water, saved 434 trees, and spared 50 barrels of oil. Additionally, the bank collected over 2,000 hygiene items and $1,200 for Amenity Aid, reflecting its commitment to customer data protection and sustainability efforts.

Positive
  • Successful shredding event, enhancing community engagement and environmental sustainability.
  • Significant recycling metrics: 25 tons of documents, 76 cubic yards of landfill diverted, 434 trees saved.
  • Support for Amenity Aid, aiding vulnerable populations with hygiene items and funds.
Negative
  • None.

WESTERLY, R.I., June 16, 2022 /PRNewswire/ -- The Washington Trust Company's Community Shred Days resulted in the shredding of 25 tons of sensitive documentation, such as tax returns, financial statements and other materials, for local residents. By collecting and recycling the shredded material, the Shred Days helped to save important natural resources and lessen industrial waste:

  • Cubic yards of landfill diverted: 76
  • Gallons of water saved: 178,500
  • Trees saved: 434
  • Barrels of oil saved: 50

The events were held free-of-charge at six of the Bank's local branches on April 9 and May 21, 2022. The Shred Days reinforce Washington Trust's commitment to helping customers protect their private data from fraud and generate an awareness of the Bank's sustainability efforts to preserve our environment for future generations.

In addition to these sustainability efforts, Washington Trust is committed to minimizing the organization's environmental impact by offering online and mobile banking, paperless e-statements, as well as investments in energy efficient lighting, fixtures and design at the Bank's office and branch locations.

At the free Shred Days, Washington Trust also collected more than 2,000 personal hygiene items and $1,200 in support of Amenity Aid's mission. The funds and personal hygiene items help to support Amenity Aid's work to improve the health and wellbeing of vulnerable populations such as those served by homeless shelters, food pantries, veteran support agencies, domestic violence shelters and more.

ABOUT WASHINGTON TRUST®

Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast's premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ: WASH). Additional information on Washington Trust and its subsidiaries can be found at https://www.washtrust.com/

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-shreds-more-than-25-tons-of-materials-at-free-community-shred-days-301568629.html

SOURCE The Washington Trust Company

FAQ

What were the results of Washington Trust's Community Shred Days?

Washington Trust shredded over 25 tons of sensitive documents, saving significant natural resources.

When did Washington Trust's Community Shred Days take place?

The events were held on April 9 and May 21, 2022.

How much did Washington Trust raise for Amenity Aid during the Shred Days?

Washington Trust raised $1,200 and collected over 2,000 hygiene items for Amenity Aid.

What environmental benefits did Washington Trust's Shred Days provide?

The Shred Days conserved 178,500 gallons of water, saved 434 trees, and diverted 76 cubic yards of landfill.

How is Washington Trust promoting sustainability?

Washington Trust promotes sustainability through events like Shred Days and offers online banking and paperless statements.

Washington Trust Bancorp Inc

NASDAQ:WASH

WASH Rankings

WASH Latest News

WASH Stock Data

612.00M
16.72M
1.64%
71.67%
3.35%
Banks - Regional
State Commercial Banks
Link
United States of America
WESTERLY