Astoria Financial Corporation Sustainability Profile
Astoria Financial Corporation, commonly known as Astoria Bank, is a prominent financial institution headquartered in the United States. Established in 1888, the bank has a rich history of serving communities primarily in New York and New Jersey. Operating within the banking and financial services industry, Astoria Financial focuses on providing a range of core products, including residential and commercial mortgages, personal banking, and wealth management services. Astoria Bank distinguishes itself through its commitment to customer service and innovative financial solutions tailored to meet the diverse needs of its clients. Over the years, the corporation has achieved significant milestones, solidifying its market position as a trusted provider of financial services. With a strong emphasis on community engagement and sustainable growth, Astoria Financial Corporation continues to play a vital role in the economic landscape of its operational regions.
DitchCarbon Score
How does Astoria Financial Corporation'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
Astoria Financial Corporation's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Astoria Financial Corporation's reported carbon emissions
Astoria Financial Corporation currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The company is classified as a merged entity, and its climate commitments and emissions data may be influenced by its relationship with Webster Financial Corporation, from which it inherits data at a cascade level of 2. Despite the lack of direct emissions data, Astoria Financial Corporation's climate initiatives and commitments are still relevant. The company has not publicly set specific reduction targets or participated in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) at this time. As a financial institution, Astoria Financial Corporation is positioned within an industry increasingly focused on sustainability and climate action. The absence of specific emissions data highlights the need for enhanced transparency and commitment to climate-related goals in line with industry standards.
How Carbon Intensive is Astoria Financial Corporation's Industry?
How Carbon Intensive is Astoria Financial Corporation's Location?
Astoria Financial Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Astoria Financial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
