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Financial Intermediation
US
updated 24 days ago

CIT Bank, National Association

Company website

CIT Bank, National Association, headquartered in the United States, is a prominent player in the financial services industry, specialising in commercial banking and consumer finance. Founded in 1908, CIT Bank has established itself as a trusted institution, with a strong presence in major operational regions across the country. The bank offers a diverse range of core products and services, including savings accounts, certificates of deposit, and commercial lending solutions. What sets CIT Bank apart is its commitment to competitive interest rates and innovative digital banking solutions, catering to both individual and business clients. With a focus on customer-centric services, CIT Bank has achieved notable milestones, positioning itself as a reliable choice for those seeking robust financial solutions. Its dedication to excellence has earned it recognition within the industry, making it a key player in the evolving landscape of American banking.

DitchCarbon Score

How does CIT Bank, National Association'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.

23

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.

30

Industry Benchmark

CIT Bank, National Association's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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CIT Bank, National Association's reported carbon emissions

CIT Bank, National Association, currently does not report specific carbon emissions data, as there are no available figures for emissions in kg CO2e. The bank's climate commitments and reduction initiatives are also unspecified, indicating a lack of defined targets or pledges at this time. It is important to note that CIT Bank, National Association is a merged entity, and any potential emissions data or climate initiatives may be inherited from its corporate family. However, no specific information regarding emissions or climate strategies from parent or related organizations has been provided. As a result, CIT Bank's current stance on carbon emissions and climate commitments remains unclear, highlighting an opportunity for the bank to establish and communicate its environmental goals and performance metrics in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. CIT Bank, National Association'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. This request for CIT Bank, National Association is in US, which has a low grid carbon intensity relative to other regions.

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.

CIT Bank, National Association 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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