Cardinal Financial Corporation Sustainability Profile
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.
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
Cardinal Financial Corporation's score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
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| 2022 | |
|---|---|
| Scope 1 | 2,838,000 |
| Scope 2 | 10,123,000 |
| Scope 3 | - |
How Carbon Intensive is Cardinal Financial Corporation's Industry?
How Carbon Intensive is Cardinal Financial Corporation's Location?
Cardinal Financial Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cardinal Financial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
