CBB Bancorp, Inc. Sustainability Profile
CBB Bancorp, Inc., commonly known as CBB Bank, is a prominent financial institution headquartered in the United States. Established in 2005, the bank has made significant strides in the banking sector, particularly within the regions it serves, including California and Nevada. Specialising in commercial banking, CBB Bank offers a range of core products and services, including business loans, treasury management, and personal banking solutions. What sets CBB Bank apart is its commitment to personalised customer service and innovative financial solutions tailored to meet the unique needs of its clients. With a strong market position, CBB Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for reliability in the competitive banking landscape. The bank continues to focus on expanding its services while maintaining a strong community presence.
DitchCarbon Score
How does CBB 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
CBB Bancorp, Inc.'s score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CBB Bancorp, Inc.'s reported carbon emissions
In 2024, CBB Bancorp, Inc. reported total carbon emissions of approximately 914,400,000 kg CO2e, with Scope 1 emissions at about 17,100,000 kg CO2e and Scope 2 emissions at approximately 892,800,000 kg CO2e. This marks an increase from 2023, where total emissions were about 865,300,000 kg CO2e, with Scope 1 at approximately 15,800,000 kg CO2e and Scope 2 at around 849,500,000 kg CO2e. In 2022, the total emissions were about 851,800,000 kg CO2e, with Scope 1 emissions of approximately 14,900,000 kg CO2e and Scope 2 emissions of about 836,900,000 kg CO2e. CBB Bancorp has set ambitious reduction targets, aiming for a 30% decrease in both Scope 1 and Scope 2 emissions from 2021 levels by 2030. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. The reduction targets are part of their near-term strategy, indicating a clear focus on sustainability and environmental responsibility. As of now, there are no reported Scope 3 emissions, and the company has not disclosed any Science-Based Targets Initiative (SBTi) commitments. All emissions data is sourced directly from CBB Bancorp, Inc., with no cascading from parent or related organizations.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 14,900,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 836,900,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is CBB Bancorp, Inc.'s Industry?
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CBB 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.
CBB 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.
