Columbia State Bank Sustainability Profile
Columbia State 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, the bank operates within the commercial banking sector, offering a range of services tailored to both personal and business needs. Specialising in commercial lending, personal banking, and wealth management, Columbia State Bank distinguishes itself through its commitment to customer service and local engagement. The bank has achieved significant milestones, including consistent growth in assets and a reputation for financial stability. Recognised for its community involvement and innovative banking solutions, Columbia State Bank continues to solidify its position as a trusted partner in the financial landscape.
DitchCarbon Score
How does Columbia State 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 State Bank's score of 38 is higher 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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Columbia State Bank currently does not report specific carbon emissions data, as there are no available figures for the most recent year. The bank's climate commitments and reduction initiatives are also not detailed, indicating a potential area for development in their sustainability strategy. However, it is important to note that Columbia State Bank's emissions data and performance metrics are cascaded from its parent company, Columbia Banking System, Inc., at a cascade level of 2. This means that any climate-related targets or achievements would be reflective of the broader corporate family’s initiatives rather than specific to Columbia State Bank itself. As of now, Columbia State Bank has not established any documented reduction targets or commitments to industry-standard initiatives such as the Science Based Targets initiative (SBTi). This lack of specific data and targets suggests that the bank may need to enhance its focus on climate action and transparency in emissions reporting to align with industry best practices.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 5,006,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,416,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,516,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Columbia State Bank's Industry?
How Carbon Intensive is Columbia State Bank's Location?
Columbia State Bank's Scope 3 Categories Breakdown
Columbia State Bank's Scope 3 emissions, which increased by 100% last year and decreased by approximately 44% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Columbia State 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 State 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.
