Public Profile

Coastal Financial Corporation

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.

DitchCarbon Score

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.

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.

3

Industry Benchmark

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.

71%

Coastal Financial Corporation's reported carbon emissions

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Coastal Financial Corporation'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. Coastal Financial Corporation is headquartered in US, which has a rank of low, indicating low grid carbon 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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