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Financial Intermediation
US
updated 13 days ago

Carolina Financial Corporation

Company website

Carolina Financial Corporation, often referred to as Carolina Financial, is a prominent financial services provider headquartered in the United States. Established in 1997, the company has made significant strides in the banking sector, primarily serving the Carolinas and surrounding regions. Specialising in commercial banking, Carolina Financial offers a range of services, including personal and business loans, deposit accounts, and wealth management solutions. What sets them apart is their commitment to personalised service and community engagement, fostering strong relationships with clients. With a solid market position, Carolina Financial has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and customer satisfaction continues to drive their success in the competitive financial landscape.

DitchCarbon Score

How does Carolina 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.

30

Industry Benchmark

Carolina Financial Corporation's score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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Carolina Financial Corporation's reported carbon emissions

Inherited from United Bankshares, Inc.

Carolina Financial Corporation, headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is a merged entity, and its climate commitments and performance data are inherited from its parent company, United Bankshares, Inc. As of now, there are no documented reduction targets or climate pledges from Carolina Financial Corporation. The emissions data and performance metrics are cascaded from United Bankshares, Inc., which may have its own sustainability initiatives and targets. However, specific figures regarding emissions or reduction goals have not been disclosed. In the context of the financial services industry, companies are increasingly focusing on sustainability and climate commitments. Carolina Financial Corporation's approach to climate action will likely align with broader industry trends, but specific details remain unspecified at this time.

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. Carolina 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 Carolina 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.

Carolina 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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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