Coastal Financial Corporation Sustainability Profile
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.
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
Coastal Financial Corporation's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coastal Financial Corporation's reported carbon emissions
Coastal Financial Corporation, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a result, Coastal Financial Corporation's climate commitments remain unclear, and it appears that the organisation has not yet established measurable goals or initiatives to address its carbon footprint. In the context of the financial industry, many companies are increasingly adopting science-based targets and sustainability initiatives, but Coastal Financial Corporation has yet to disclose any such commitments. Overall, without available emissions data or reduction initiatives, it is difficult to assess the company's environmental impact or its commitment to climate action.
How Carbon Intensive is Coastal Financial Corporation's Industry?
How Carbon Intensive is Coastal Financial Corporation's Location?
Coastal Financial Corporation'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.
Coastal Financial Corporation 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.
