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.
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
CF Bankshares Inc.'s score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CF Bankshares Inc.'s reported carbon emissions
In 2023, CF Bankshares Inc. reported total carbon emissions of approximately 2,477,840 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 (637,600 kg CO2e) and business travel (55,470 kg CO2e). In 2022, the company recorded total emissions of about 2,706,930 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. Notably, the Scope 3 emissions for that year also highlighted employee commuting (1,274,570 kg CO2e) and business travel (581,830 kg CO2e). For 2021, CF Bankshares Inc. reported total emissions of around 2,740,310 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, primarily driven by business travel (465,800 kg CO2e). Despite these figures, CF Bankshares Inc. has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests that the company may still be in the early stages of formalising its climate strategy.
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| 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 |
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.
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.
