CF Bankshares Inc., headquartered in the United States, is a prominent player in the banking industry, primarily focusing on commercial banking and financial services. Founded in 1999, the company has established a strong presence in key operational regions across the Midwest, offering a range of products tailored to meet the needs of both individuals and businesses. The bank's core services include commercial lending, residential mortgages, and treasury management, distinguished by their commitment to personalised customer service and innovative financial solutions. CF Bankshares Inc. has achieved notable milestones, including consistent growth in assets and a reputation for reliability in the financial sector. With a focus on community engagement and sustainable practices, CF Bankshares Inc. continues to solidify its market position as a trusted financial partner.
How does CF Bankshares 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.
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.
CF Bankshares Inc.'s score of 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CF Bankshares Inc. reported total carbon emissions of approximately 2,471,840 kg CO2e, comprising 287,070 kg CO2e from Scope 1, 2,471,590 kg CO2e from Scope 2, and 1,487,180 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from employee commuting and waste generated in operations. In 2022, the company recorded total emissions of about 2,763,330 kg CO2e, with Scope 1 emissions at 264,760 kg CO2e, Scope 2 at 2,760,600 kg CO2e, and Scope 3 at 1,274,570 kg CO2e. This indicates a slight increase in Scope 1 emissions and a decrease in Scope 2 emissions compared to the previous year. For 2021, CF Bankshares Inc. reported total emissions of approximately 2,968,310 kg CO2e, with Scope 1 emissions at 225,250 kg CO2e, Scope 2 at 2,772,070 kg CO2e, and Scope 3 at 465,990 kg CO2e. The data shows a trend of fluctuating emissions across the years, with a notable increase in Scope 3 emissions in 2022. Despite these emissions figures, CF Bankshares Inc. has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions data, aligning with industry standards for transparency in climate impact reporting.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 240,960 | 000,000 | 000,000 | 000,000 |
Scope 2 | 3,112,350 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 6,160 | 000,000 | 0,000,000 | 0,000,000 |
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.
CF Bankshares Inc. 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.