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Financial Intermediation
US
updated 7 months ago

Carver Federal Savings Bank

Company website

Carver Federal Savings Bank, often referred to as Carver Bank, is a prominent financial institution headquartered in the United States, specifically in New York City. Established in 1948, Carver Bank has a rich history of serving diverse communities, particularly in underserved areas, with a commitment to economic empowerment and financial inclusion. Operating primarily in New York, Carver Bank focuses on providing a range of banking services, including personal and business banking, loans, and investment products. What sets Carver apart is its dedication to fostering community development and supporting local businesses, making it a vital player in the community banking sector. With a strong market position, Carver Bank has achieved notable milestones, including recognition for its efforts in promoting financial literacy and community engagement. Its unique approach to banking not only addresses the financial needs of its customers but also contributes to the overall growth of the communities it serves.

DitchCarbon Score

How does Carver Federal Savings Bank'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.

23

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

Carver Federal Savings Bank's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Carver Federal Savings Bank's reported carbon emissions

Carver Federal Savings Bank, headquartered in the US, currently does not have specific carbon emissions data available for reporting. As a current subsidiary, it does not inherit emissions data from a parent organisation. Consequently, there are no documented reduction targets or climate pledges associated with its operations. In the absence of specific emissions figures, it is important to note that Carver Federal Savings Bank is part of an industry increasingly focused on sustainability and climate commitments. Many financial institutions are adopting frameworks such as the Science Based Targets initiative (SBTi) to set ambitious emissions reduction goals. However, as of now, Carver Federal Savings Bank has not publicly committed to such initiatives. Overall, while Carver Federal Savings Bank has not disclosed its carbon emissions or specific climate commitments, it operates within a sector that is progressively prioritising environmental responsibility.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Carver Federal Savings Bank'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 Carver Federal Savings Bank 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.

Carver Federal Savings Bank 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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