Cathay General Bancorp, often referred to as Cathay Bank, is a prominent financial institution headquartered in the United States. Established in 1962, the bank has grown to serve a diverse clientele across major operational regions, including California, New York, and Washington. Specialising in commercial banking, Cathay Bank offers a range of services such as personal and business banking, loans, and wealth management, distinguished by its commitment to customer service and community engagement. With a strong market position, Cathay General Bancorp has achieved notable milestones, including consistent growth in assets and a robust presence in the Asian-American community. The bank's unique approach combines traditional banking values with innovative financial solutions, making it a trusted partner for individuals and businesses alike.
How does Cathay General 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.
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.
Cathay General Bancorp's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cathay General Bancorp, headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that Cathay General Bancorp may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, the organisation's climate strategy remains unclear, and it does not appear to inherit any emissions data or targets from a parent company or corporate family.
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.
Cathay General Bancorp 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.