Cross River Bank Sustainability Profile
Cross River Bank, officially known as Cross River, is a prominent financial institution headquartered in the United States. Founded in 2008, the bank has established itself as a leader in the fintech sector, providing innovative banking solutions primarily in New Jersey and New York. Specialising in a range of services, including commercial banking, payment processing, and lending, Cross River Bank is renowned for its unique approach to integrating technology with traditional banking practices. The bank's commitment to regulatory compliance and customer-centric solutions has positioned it as a trusted partner for both consumers and businesses. With notable achievements in the digital banking landscape, Cross River Bank continues to drive growth and innovation, making significant strides in the industry while maintaining a strong focus on community engagement and financial inclusion.
DitchCarbon Score
How does Cross River 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
Cross River Bank's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cross River Bank's reported carbon emissions
Cross River 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 has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate initiatives. As a current subsidiary of Cross River Bank, any potential emissions data or climate commitments would be inherited from the parent organisation. However, no specific initiatives or performance metrics have been disclosed at this time. In the context of the financial services industry, Cross River Bank's lack of publicly available emissions data and climate commitments highlights a broader trend where many institutions are still in the early stages of formalising their sustainability strategies. The bank's future climate initiatives may evolve as the industry increasingly prioritises transparency and accountability in carbon emissions management.
How Carbon Intensive is Cross River Bank's Industry?
How Carbon Intensive is Cross River Bank's Location?
Cross River 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.
Cross River 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.
