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Financial Intermediation
US
updated a month ago

City National Bank

Company website

City National Bank, also known as CNB, is a prominent financial institution headquartered in the United States, with a strong presence in major operational regions including California and New York. Founded in 1954, the bank has established itself within the banking industry, focusing on providing a range of services such as personal banking, business banking, and wealth management. City National Bank is renowned for its commitment to client service and innovative financial solutions, catering to high-net-worth individuals and businesses alike. Its unique offerings include tailored lending solutions and comprehensive investment services, setting it apart in a competitive market. With a reputation for excellence, City National Bank has achieved significant milestones, solidifying its position as a trusted partner in financial growth and stability.

DitchCarbon Score

How does City National Bank'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.

61

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

City National Bank's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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City National Bank's reported carbon emissions

Inherited from Royal Bank of Canada

City National Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of the Royal Bank of Canada, which influences its climate commitments and emissions reporting. As part of its environmental strategy, City National Bank inherits emissions data and performance metrics from its parent company, Royal Bank of Canada, at a cascade level of three. While there are no documented reduction targets or specific climate pledges from City National Bank, the overarching initiatives from the Royal Bank of Canada may inform its sustainability practices. The bank is aligned with industry standards and frameworks, such as the Carbon Disclosure Project (CDP), from which it derives some of its climate performance insights. In summary, City National Bank is committed to understanding and managing its carbon footprint through its relationship with the Royal Bank of Canada, although specific emissions data and reduction targets are not currently available.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
24,821,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
93,961,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
45,629,000
00,000,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. City National Bank'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 City National Bank 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.

City National Bank 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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