Catalyst Bancorp, Inc. Sustainability Profile
Catalyst Bancorp, Inc., commonly referred to as Catalyst Bank, is a prominent financial institution headquartered in the United States. Established in 2000, the bank has made significant strides in the banking sector, focusing on providing innovative financial solutions to its clients. With a strong presence in key operational regions across the US, Catalyst Bank excels in retail banking, commercial lending, and wealth management services. The bank's core offerings include personalised banking solutions, competitive loan products, and tailored investment services, all designed to meet the diverse needs of its clientele. Catalyst Bank is recognised for its commitment to customer service and community engagement, positioning itself as a trusted partner in financial growth. With a solid market presence and a reputation for excellence, Catalyst Bancorp continues to achieve notable milestones in the ever-evolving banking landscape.
DitchCarbon Score
How does Catalyst Bancorp, Inc.'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
Catalyst Bancorp, Inc.'s score of 29 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Catalyst Bancorp, Inc.'s reported carbon emissions
Catalyst Bancorp, Inc., headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data is currently unavailable, the company has outlined clear reduction targets for its Scope 1 and Scope 2 emissions. By 2025, Catalyst Bancorp aims to reduce its Scope 1 emissions to near zero, demonstrating a strong commitment to minimising its direct carbon footprint. Additionally, the company plans to achieve a 30% reduction in Scope 1 emissions from a 2020 baseline by 2030. Similarly, for Scope 2 emissions, Catalyst Bancorp is targeting a near-zero status by 2025 and a 30% reduction from the 2020 baseline by 2030. These initiatives reflect Catalyst Bancorp's proactive approach to addressing climate change and its dedication to sustainability within the financial sector. The company's targets align with industry standards and underscore its commitment to environmental responsibility.
How Carbon Intensive is Catalyst Bancorp, Inc.'s Industry?
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Catalyst Bancorp, Inc.'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.
Catalyst Bancorp, Inc. 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.
