Apple Financial Holdings, Inc.
Apple Financial Holdings, Inc., commonly known as Apple Bank, is a prominent financial institution headquartered in the United States. Established in 1863, the bank has a rich history and has evolved to serve a diverse clientele across major operational regions, including New York and New Jersey. Operating within the banking and financial services industry, Apple Bank offers a range of core products and services, including personal and business banking, mortgages, and investment solutions. What sets Apple Bank apart is its commitment to customer service and community engagement, fostering long-term relationships with clients. With a strong market position, Apple Financial Holdings has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. The bank continues to innovate, ensuring it meets the evolving needs of its customers while maintaining a focus on community development.
DitchCarbon Score
How does Apple Financial Holdings, 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.
Industry Average
Mean score of companies in the 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
Apple Financial Holdings, Inc.'s score of 10 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Apple Financial Holdings, Inc.'s reported carbon emissions
In 2019, Apple Financial Holdings, Inc. reported total carbon emissions of approximately 19,466,660 kg CO2e. This figure includes Scope 1 emissions of about 6,950 kg CO2e, primarily from mobile combustion, and significant Scope 3 emissions, with 19,000,000 kg CO2e from purchased goods and services, 4,100,000 kg CO2e from the use of sold products, and 194,660 kg CO2e from employee commuting. Notably, there were no reported Scope 2 emissions from purchased electricity. Apple Financial Holdings has set an ambitious target to reduce its overall emissions by 75% by 2030, compared to 2015 levels. This commitment encompasses all scopes and aims to achieve reductions through enhanced product design, energy efficiency, renewable energy adoption, and direct emissions abatement strategies. The emissions data is not cascaded from a parent company, indicating that the figures are specific to Apple Financial Holdings, Inc. and reflect its independent operational impact. The company is actively working towards its climate commitments, aligning with industry standards for sustainability and carbon reduction.
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| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Scope 1 | 8,740 | 0,000 | 0,000 | 00,000 | 0,000 |
| Scope 2 | 42,460 | 00,000 | 00,000 | 0,000 | - |
| Scope 3 | 36,872,970 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Apple Financial Holdings, Inc. is not participating in any 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.
