CoastalSouth Bancshares, Inc., commonly referred to as CoastalSouth, is a prominent financial institution headquartered in the United States. Established in 2005, the company has made significant strides in the banking sector, primarily serving the southeastern region of the country. CoastalSouth operates within the banking industry, offering a diverse range of financial services, including personal and commercial banking, mortgage lending, and wealth management. What sets CoastalSouth apart is its commitment to personalised customer service and innovative banking solutions tailored to meet the unique needs of its clients. With a strong market presence, the bank has achieved notable milestones, including consistent growth in assets and a reputation for reliability. CoastalSouth Bancshares continues to solidify its position as a trusted partner in financial services, dedicated to fostering community development and economic growth.
How does CoastalSouth Bancshares, Inc.'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.
CoastalSouth Bancshares, Inc.'s score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CoastalSouth Bancshares, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a result, CoastalSouth Bancshares, Inc. does not have any significant climate commitments or initiatives to report at this time. The lack of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the broader context of the financial services industry, many organisations are increasingly adopting science-based targets and sustainability commitments to mitigate their environmental impact. However, without specific data or commitments from CoastalSouth Bancshares, it remains unclear how they align with these industry trends.
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.
CoastalSouth Bancshares, Inc. 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.
