Cathay General Bancorp
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.
DitchCarbon Score
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.
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
Cathay General Bancorp's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cathay General Bancorp's reported carbon emissions
Cathay General Bancorp currently does not have publicly available carbon emissions data or specific reduction targets outlined in their climate commitments. Without emissions figures, it is challenging to assess their carbon footprint or the scope of their emissions (Scope 1, 2, or 3). However, the absence of data does not preclude the company from engaging in climate initiatives or setting future targets. As the financial sector increasingly prioritises sustainability, Cathay General Bancorp may be expected to align with industry standards and best practices in climate action. Further information on their commitments or initiatives may be forthcoming as the company develops its sustainability strategy.
Industry emissions intensity
Location emissions intensity
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.
Cathay General Bancorp is not committed to any reduction initiatives 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.
