Banc of California, Inc.
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.
DitchCarbon Score
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.
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
Banc of California, Inc.'s score of 25 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banc of California, Inc.'s reported carbon emissions
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 the 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 disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data suggests a potential area for future reporting and commitment. As the financial services industry increasingly prioritises sustainability, Banc of California's climate commitments will be crucial in aligning with industry standards and expectations.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,263,000 | 0,000,000 |
| Scope 2 | 2,822,000 | 0,000,000 |
| Scope 3 | - | - |
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.
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.
