CVB Financial Corp., headquartered in the United States, is a prominent player in the banking industry, primarily operating through its flagship subsidiary, Citizens Business Bank. Founded in 1974, the company has established a strong presence across key regions in California, offering a range of financial services tailored to meet the needs of businesses and individuals alike. Specialising in commercial banking, CVB Financial Corp. provides unique products such as business loans, treasury management, and personal banking services. The bank is recognised for its commitment to customer service and community involvement, which has solidified its reputation in the market. With a focus on sustainable growth and innovation, CVB Financial Corp. continues to achieve notable milestones, positioning itself as a trusted financial partner in the communities it serves.
How does CVB Financial Corp.'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 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.
CVB Financial Corp.'s score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CVB Financial Corp., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, CVB Financial Corp. appears to lack formal commitments to carbon reduction initiatives or industry-standard climate targets, such as those set by the Science Based Targets initiative (SBTi). Without emissions data or reduction strategies, it is challenging to assess the company's environmental impact or its alignment with broader climate goals. In the context of the financial services industry, many organisations are increasingly adopting sustainability practices and setting ambitious targets to reduce their carbon footprints. However, CVB Financial Corp. has yet to establish a public stance or framework regarding climate commitments.
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.
CVB Financial Corp. 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.
