Coastal Financial Corporation, commonly referred to as Coastal Bank, is a prominent financial institution headquartered in the United States. Established in 1997, the bank has made significant strides in the financial services industry, primarily serving the coastal regions of the US. Specialising in personal and commercial banking, Coastal Bank offers a range of core products, including savings accounts, loans, and investment services, distinguished by their customer-centric approach and innovative digital solutions. With a commitment to community engagement and financial education, Coastal Bank has positioned itself as a trusted partner for individuals and businesses alike. Recognised for its strong market presence, Coastal Financial Corporation continues to achieve notable milestones, reinforcing its reputation as a leader in the banking sector.
How does Coastal Financial Corporation'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.
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.
Coastal Financial Corporation's score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coastal Financial Corporation, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it outline specific reduction targets or initiatives. Without concrete figures or commitments, it is challenging to assess their carbon footprint or climate strategy. However, the absence of emissions data and defined reduction targets may indicate an opportunity for the corporation to enhance its sustainability efforts and align with industry standards for climate action. As the financial sector increasingly prioritises environmental responsibility, Coastal Financial Corporation may benefit from establishing clear climate commitments to demonstrate its dedication to reducing carbon emissions and addressing climate change.
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.
Coastal Financial Corporation 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.