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Colonial Financial Services, Inc.
Financial IntermediationUnited States
Last verified 11 months agocolonialbankfsb.com
Colonial Financial Services, Inc., commonly referred to as Colonial Bank, is a prominent financial institution headquartered in the United States. Established in 2000, the company has made significant strides in the banking sector, particularly in providing tailored financial solutions across various regions, including the Southeast and Mid-Atlantic.
Specialising in personal and commercial banking, Colonial Bank offers a diverse range of services, including loans, mortgages, and investment products. What sets them apart is their commitment to customer-centric service and innovative financial solutions designed to meet the unique needs of their clients.
With a strong market presence, Colonial Financial Services has garnered a reputation for reliability and excellence, making it a trusted partner for individuals and businesses alike. Their focus on community engagement and financial education further solidifies their position as a leader in the industry.
23
DitchCarbon score
-14 vs industry average
Colonial Financial Services, Inc.’s score of 23 is lower than 32% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
No reported emissions data is available for Colonial Financial Services, Inc. yet.
Colonial Financial Services, Inc.'s reported carbon emissions
Colonial Financial Services, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a corporate family that includes OceanFirst Financial Corp., from which it inherits certain climate-related initiatives and commitments.
While there are no documented reduction targets or specific climate pledges from Colonial Financial Services, the broader context of its parent company may influence its climate strategy. As a merged entity, Colonial Financial Services may align with the sustainability practices and emissions reduction goals set by OceanFirst Financial Corp., which is known for its commitment to environmental responsibility.
In summary, Colonial Financial Services, Inc. is in the early stages of establishing its carbon emissions profile and climate commitments, with no specific data or targets currently available. The company’s future initiatives may be shaped by its relationship with OceanFirst Financial Corp. and the industry standards for climate action.
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Colonial Financial Services, Inc.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Colonial Financial Services, Inc. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
Inherited from OceanFirst Financial Corp.See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsNo peer comparison is available for Colonial Financial Services, Inc. yet.
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