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Financial Intermediation
US
updated 6 months ago

Cornerstone Bank

Company website

Cornerstone Bank, headquartered in the United States, is a prominent financial institution that has been serving communities since its establishment in 1999. With a strong presence in various operational regions, the bank focuses on delivering personalised banking solutions tailored to individual and business needs. Specialising in core services such as personal banking, commercial lending, and mortgage solutions, Cornerstone Bank distinguishes itself through its commitment to customer service and innovative financial products. The bank has achieved notable milestones, including significant growth in assets and a reputation for community involvement. Recognised for its stability and customer-centric approach, Cornerstone Bank continues to strengthen its market position, making it a trusted choice for clients seeking reliable banking services in an ever-evolving financial landscape.

DitchCarbon Score

How does Cornerstone 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.

23

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.

28

Industry Benchmark

Cornerstone Bank's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Cornerstone Bank's reported carbon emissions

Cornerstone Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary and does not inherit emissions data from a parent organisation. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science-Based Targets Initiative (SBTi) or other climate pledges. This lack of specific data suggests that Cornerstone Bank may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As a financial institution, Cornerstone Bank is positioned within an industry increasingly focused on sustainability and carbon reduction. The absence of emissions data and reduction targets highlights an opportunity for the bank to enhance its environmental commitments and align with industry standards for climate action.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cornerstone Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cornerstone Bank is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Cornerstone Bank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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