Bancorp
Bancorp, officially known as The Bancorp, Inc., is a prominent financial institution headquartered in the United States. Founded in 2000, the company has established itself as a leader in the banking and financial services industry, with a focus on providing innovative solutions for businesses and consumers alike. Operating primarily in the US, Bancorp offers a diverse range of services, including payment processing, banking, and lending solutions. Its unique approach to financial technology sets it apart, enabling clients to access tailored products that meet their specific needs. With a strong market position, Bancorp has achieved significant milestones, including partnerships with various fintech companies, enhancing its reputation as a forward-thinking institution. The company's commitment to customer-centric services continues to drive its growth and success in the competitive financial landscape.
DitchCarbon Score
How does 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 Services Auxiliary to 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
Bancorp's score of 23 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bancorp's reported carbon emissions
In 2023, Bancorp reported total carbon emissions of approximately 178,331,000 kg CO2e in the US, with Scope 1 emissions at about 36,798,000 kg CO2e and Scope 2 emissions totalling approximately 7,584,000 kg CO2e (market-based). The company also disclosed Scope 3 emissions, which included significant contributions from business travel (about 38,426,000 kg CO2e) and employee commuting (approximately 56,028,000 kg CO2e). In 2022, Bancorp's total emissions were around 156,194,000 kg CO2e, with Scope 1 emissions of about 38,206,000 kg CO2e and Scope 2 emissions at approximately 9,902,000 kg CO2e (market-based). The Scope 3 emissions for that year included business travel (about 23,206,000 kg CO2e) and employee commuting (approximately 55,642,000 kg CO2e). Bancorp has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for improvement in their climate commitments. The company has disclosed emissions data across all three scopes (1, 2, and 3) for the years 2021 to 2023, showcasing a commitment to transparency in their carbon footprint reporting.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 395,000 | 0,000,000 |
| Scope 2 | 1,145,000 | 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.
Bancorp 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.
