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Financial Intermediation
US
updated 6 months ago

California BanCorp

Company website

California BanCorp, headquartered in the United States, is a prominent player in the banking industry, primarily serving the California region. Founded in 2016, the company has quickly established itself as a trusted financial institution, focusing on commercial banking and lending services tailored to meet the needs of local businesses and individuals. With a commitment to community engagement, California BanCorp offers a range of unique products, including personalised banking solutions and innovative lending options. The bank's dedication to customer service and local economic development has positioned it as a leader in the market, earning recognition for its growth and stability. As it continues to expand its footprint, California BanCorp remains dedicated to fostering strong relationships within the communities it serves.

DitchCarbon Score

How does California 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.

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

California BanCorp'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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California BanCorp's reported carbon emissions

California BanCorp currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The organisation is a merged entity, and any emissions data may be inherited from its corporate family. However, no specific emissions data has been cascaded from parent organisations. In terms of climate commitments, California BanCorp has not outlined any specific reduction targets or initiatives. The absence of documented reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As a merged entity, California BanCorp's climate commitments and emissions data may be influenced by broader industry standards and practices, but specific details are not currently available. The company is encouraged to establish measurable targets and report on its emissions to align with industry best practices and enhance its sustainability profile.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. California BanCorp'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 California BanCorp 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.

California 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.

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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