Sterling Bancorp
Sterling Bancorp, a prominent financial institution headquartered in the United States, has established itself as a key player in the banking industry since its founding in 2006. With a strong presence in major operational regions across the US, Sterling Bancorp focuses on providing a diverse range of banking services, including commercial and residential lending, treasury management, and wealth management solutions. The bank is recognised for its commitment to customer service and innovative financial products tailored to meet the unique needs of its clients. Sterling Bancorp has achieved significant milestones, including strategic acquisitions that have expanded its market reach and enhanced its service offerings. As a trusted partner for individuals and businesses alike, Sterling Bancorp continues to solidify its position in the competitive banking landscape through its dedication to excellence and community engagement.
DitchCarbon Score
How does Sterling Bancorp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sterling Bancorp's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sterling Bancorp's reported carbon emissions
Sterling Bancorp, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The organisation is a merged entity, and its climate commitments and emissions data may be influenced by its relationship with Webster Financial Corporation, from which it inherits certain sustainability initiatives. As of now, Sterling Bancorp has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. The lack of documented reduction initiatives suggests that the company is in the early stages of developing a comprehensive climate strategy. In the context of the financial services industry, it is increasingly important for organisations like Sterling Bancorp to adopt robust climate commitments and transparent reporting practices. This aligns with broader industry trends towards sustainability and accountability in carbon emissions management.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sterling Bancorp is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
