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Financial Intermediation
US
updated 6 months ago

Beneficial Bancorp, Inc.

Company website

Beneficial Bancorp, Inc., commonly known as Beneficial Bank, is a prominent financial institution headquartered in the United States. Established in 1853, the bank has a rich history of serving communities primarily in the Mid-Atlantic region, with a strong focus on Pennsylvania and New Jersey. Operating within the banking industry, Beneficial Bancorp offers a diverse range of services, including personal and business banking, mortgage lending, and wealth management. What sets Beneficial Bank apart is its commitment to customer-centric solutions, providing tailored financial products that cater to individual and business needs. The bank has achieved notable milestones, including its transition to a publicly traded company, which has solidified its market position. With a reputation for reliability and community involvement, Beneficial Bancorp continues to be a trusted partner for financial growth and stability.

DitchCarbon Score

How does Beneficial Bancorp, 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.

25

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.

28

Industry Benchmark

Beneficial Bancorp, Inc.'s score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Beneficial Bancorp, Inc.'s reported carbon emissions

Beneficial Bancorp, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is identified as a merged entity and inherits its climate-related data from WSFS Financial Corporation, which is at a cascade level of 1. Despite the lack of direct emissions data, Beneficial Bancorp, Inc. is part of a broader corporate family that may have established climate commitments and reduction initiatives. However, no specific reduction targets or climate pledges have been documented for Beneficial Bancorp, Inc. itself. As the company continues to navigate its climate strategy, it is essential to monitor any future disclosures or commitments that may arise from its relationship with WSFS Financial Corporation or other industry standards.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Beneficial Bancorp, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Beneficial Bancorp, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Beneficial Bancorp, 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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