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Financial Intermediation
US
updated 6 months ago

Cardinal Financial Corporation

Company website

Cardinal Financial Corporation, commonly referred to as Cardinal Bank, is a prominent financial institution headquartered in the United States. Established in 2000, the company has made significant strides in the banking sector, particularly in the Mid-Atlantic region, where it offers a comprehensive range of financial services. Specialising in commercial and residential lending, Cardinal Financial distinguishes itself through its customer-centric approach and innovative mortgage solutions. The bank's commitment to personalised service has earned it a strong market position, making it a trusted choice for both individuals and businesses. With a focus on growth and community engagement, Cardinal Financial continues to achieve notable milestones, reinforcing its reputation as a leader in the financial services industry.

DitchCarbon Score

How does Cardinal 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.

27

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

Cardinal Financial Corporation's score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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Cardinal Financial Corporation's reported carbon emissions

Inherited from United Bankshares, Inc.

Cardinal Financial Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a corporate family that includes United Bankshares, Inc., from which it inherits emissions data and climate commitments. However, no specific reduction targets or climate pledges have been outlined for Cardinal Financial Corporation. As a merged entity, Cardinal Financial Corporation's climate initiatives and performance metrics are influenced by its relationship with United Bankshares, Inc. This cascading of data suggests that any climate commitments or emissions reductions would be aligned with the broader strategies of United Bankshares, Inc., although specific details are not provided. In the absence of direct emissions data or defined reduction targets, it is essential for Cardinal Financial Corporation to establish clear climate commitments and strategies to address its carbon footprint in the future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2022
Scope 1
2,838,000
Scope 2
10,123,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cardinal Financial Corporation'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 Cardinal Financial Corporation 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.

Cardinal Financial Corporation 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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