Public Profile

CF Bankshares Inc.

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.

DitchCarbon Score

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.

38

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.

3

Industry Benchmark

CF Bankshares Inc.'s score of 38 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

CF Bankshares Inc.'s reported carbon emissions

In 2023, CF Bankshares Inc. reported total carbon emissions of approximately 2,471,590 kg CO2e from Scope 2, 287,070 kg CO2e from Scope 1, and 1,487,180 kg CO2e from Scope 3. This represents a notable increase in Scope 1 emissions compared to 2022, where they were about 264,760 kg CO2e, and a decrease in Scope 2 emissions from approximately 2,760,600 kg CO2e. The Scope 3 emissions also increased from about 1,274,570 kg CO2e in 2022. Over the years, CF Bankshares has shown fluctuations in its emissions, with Scope 1 emissions peaking at approximately 287,070 kg CO2e in 2023, while Scope 2 emissions peaked in 2020 at about 3,112,350 kg CO2e. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, CF Bankshares Inc. continues to navigate its carbon footprint with varying results across different scopes, highlighting the importance of ongoing assessment and potential strategic initiatives to enhance its climate commitments.

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2020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CF Bankshares Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. CF Bankshares Inc. is headquartered in US, which has a rank of low, indicating low grid carbon 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.

CF Bankshares Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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