Banc of California, Inc., often referred to as Banc of California, is a prominent financial institution headquartered in the United States. Established in 2009, the bank has rapidly expanded its operations across key regions, primarily serving California and the broader Western United States. Specialising in commercial banking, Banc of California offers a diverse range of services, including commercial real estate loans, business banking solutions, and personal banking products. What sets Banc of California apart is its commitment to supporting local businesses and communities, fostering economic growth through tailored financial solutions. The bank has achieved notable milestones, including strategic partnerships and a robust market presence, positioning itself as a trusted financial partner. With a focus on innovation and customer service, Banc of California continues to enhance its offerings, making it a significant player in the competitive banking landscape.
How does Banc of California, Inc.'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.
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.
Banc of California, Inc.'s score of 25 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Banc of California, Inc. reported total carbon emissions of approximately 6,013,000 kg CO2e, comprising 3,422,000 kg CO2e from Scope 1 emissions and 2,592,000 kg CO2e from Scope 2 emissions. This marked an increase from 2021, when total emissions were about 5,086,000 kg CO2e, with Scope 1 emissions at 2,263,000 kg CO2e and Scope 2 emissions at 2,822,000 kg CO2e. Despite the increase in emissions, Banc of California has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented climate pledges or science-based targets suggests that the company may still be in the early stages of formalising its climate commitments. As the financial sector increasingly prioritises sustainability, it will be crucial for Banc of California to establish clear strategies to address its carbon emissions and align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2021 | 2022 | |
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Scope 1 | 2,263,000 | 0,000,000 |
Scope 2 | 2,822,000 | 0,000,000 |
Scope 3 | - | - |
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.
Banc of California, Inc. is not committed to any reduction initiatives 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.