City National Bank Sustainability Profile
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.
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
City National Bank's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 35,905,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 86,816,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is City National Bank's Industry?
How Carbon Intensive is City National Bank's Location?
City National Bank's Scope 3 Categories Breakdown
City National Bank's Scope 3 emissions, which decreased by 5% last year and increased by approximately 4% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 51% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
City National Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
City National Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
