Public Profile

Doral Financial Corporation

Doral Financial Corporation, often referred to as Doral, is a prominent financial services firm headquartered in the United States. Established in 1972, the company has made significant strides in the banking and financial sectors, particularly within Puerto Rico and the mainland US. Doral operates primarily in the banking industry, offering a range of services including commercial and retail banking, mortgage lending, and investment solutions. Renowned for its innovative approach, Doral Financial Corporation has distinguished itself through unique financial products tailored to meet the diverse needs of its clientele. Over the years, the company has achieved notable milestones, solidifying its market position as a trusted provider of financial services. With a commitment to excellence and customer satisfaction, Doral continues to play a vital role in the financial landscape.

DitchCarbon Score

How does Doral Financial Corporation'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.

21

Industry Average

Mean score of companies in the Household Employment 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.

19

Industry Benchmark

Doral Financial Corporation's score of 21 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Doral Financial Corporation's reported carbon emissions

In 2023, Doral Financial Corporation reported significant carbon emissions totalling approximately 4,000,000,000 kg CO2e across all scopes. The breakdown of emissions is as follows: Scope 1 emissions amounted to about 1,624,113,000 kg CO2e, while Scope 2 emissions were approximately 1,516,473,000 kg CO2e. Scope 3 emissions totalled around 1,486,701,000 kg CO2e, with notable contributions from upstream transportation and distribution (about 1,822,754,000 kg CO2e) and purchased goods and services (approximately 4,150,000 kg CO2e). Despite the substantial emissions figures, Doral Financial Corporation has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate commitments or reduction strategies suggests a need for further action in addressing climate change impacts within their operations. As the company continues to navigate its environmental responsibilities, the focus on transparency and accountability in emissions reporting will be crucial for aligning with industry standards and stakeholder expectations.

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2023
Scope 1
1,624,113,000
Scope 2
1,516,473,000
Scope 3
1,486,701,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Doral Financial Corporation's primary industry is Private households with employed persons (95), which is 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. Doral Financial Corporation is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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.

Doral Financial Corporation is not committed to any reduction initiatives 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

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Where does DitchCarbon data come from?

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