Commercial and Farmers National Bank, often referred to as CFNB, is a prominent financial institution headquartered in the United States. Established in the early 20th century, CFNB has built a strong reputation in the banking industry, particularly in agricultural financing and commercial banking services. With a focus on serving rural communities and small businesses, the bank operates primarily in the Midwest and Southern regions. CFNB offers a diverse range of products, including personal and business loans, deposit accounts, and specialised agricultural financing solutions. What sets them apart is their deep understanding of the unique needs of farmers and local businesses, allowing them to provide tailored financial services. Over the years, CFNB has achieved significant milestones, solidifying its position as a trusted partner in the communities it serves.
How does Commercial and Farmers National 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.
Mean score of companies in the 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.
Commercial and Farmers National Bank's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Commercial and Farmers National Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. However, it is important to note that emissions data and performance metrics may be inherited from its parent company, U.S. Bancorp, due to a corporate family relationship. This means that any climate-related initiatives or targets may be influenced by U.S. Bancorp's sustainability strategies, although specific details on these initiatives are not provided in the current data. As a merged entity, Commercial and Farmers National Bank may align its climate commitments with those of U.S. Bancorp, which could include industry-standard practices and targets aimed at reducing carbon emissions. Without specific data or commitments from the bank itself, it remains unclear how it is addressing climate change or its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 60,412,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 
| Scope 2 | 354,799,000 | - | - | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 
| Scope 3 | 114,415,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 
Commercial and Farmers National Bank's Scope 3 emissions, which increased by 163% last year and increased by approximately 21% since 2014, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 41% of Scope 3 emissions.
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.
Commercial and Farmers National 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.