Columbia Bank Sustainability Profile
Columbia Bank, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1993. With a strong presence in the Pacific Northwest, particularly in Washington and Oregon, Columbia Bank operates within the banking industry, offering a diverse range of services tailored to both personal and business needs. The bank's core products include commercial banking, personal banking, and wealth management services, distinguished by a commitment to customer service and community engagement. Columbia Bank has achieved notable milestones, including consistent growth and recognition for its financial stability. As a trusted partner in the region, Columbia Bank continues to enhance its market position through innovative solutions and a focus on building lasting relationships with clients.
DitchCarbon Score
How does Columbia Bank'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
Columbia Bank's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Columbia Bank's reported carbon emissions
Columbia Bank, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Columbia Financial, Inc., which may influence its climate-related initiatives and reporting. While Columbia Bank has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi), it is important to note that it inherits climate-related data and initiatives from its parent company, Columbia Financial, Inc. This relationship may provide a framework for future climate commitments and emissions reporting. As of now, Columbia Bank's climate strategy appears to be in the early stages, with no publicly available information on specific emissions reductions or climate pledges. The bank's commitment to sustainability and climate action may evolve as it aligns more closely with the initiatives of its parent organisation.
How Carbon Intensive is Columbia Bank's Industry?
How Carbon Intensive is Columbia Bank's Location?
Columbia Bank'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.
Columbia Bank 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.
