Cascade Bancorp Sustainability Profile
Cascade Bancorp, the parent company of Bank of the Cascades, is a prominent financial institution headquartered in the United States. Founded in 1976, it has established a strong presence in the Pacific Northwest, particularly in Oregon and Washington. Specialising in community banking, Cascade Bancorp offers a range of services including personal and business banking, mortgage lending, and wealth management. What sets Cascade Bancorp apart is its commitment to local communities, providing tailored financial solutions that meet the unique needs of its customers. Over the years, the company has achieved significant milestones, including expansion into key markets and recognition for its customer service excellence. With a solid market position, Cascade Bancorp continues to be a trusted partner for individuals and businesses seeking reliable banking services.
DitchCarbon Score
How does Cascade 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.
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
Cascade Bancorp'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.
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Cascade Bancorp's reported carbon emissions
Cascade Bancorp, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The organisation is a merged entity and does not inherit emissions data from a parent company. Consequently, there are no documented Scope 1, 2, or 3 emissions figures to report. In terms of climate commitments, Cascade Bancorp has not established any specific reduction targets or initiatives, nor does it participate in recognised frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The lack of defined climate pledges suggests that the organisation is still in the early stages of developing its sustainability strategy. As the financial sector increasingly prioritises climate action, Cascade Bancorp may benefit from establishing clear emissions reduction goals and participating in industry-standard initiatives to enhance its environmental impact and transparency.
How Carbon Intensive is Cascade Bancorp's Industry?
How Carbon Intensive is Cascade Bancorp's Location?
Cascade Bancorp'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.
Cascade Bancorp 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.
