EQB Inc. Sustainability Profile
EQB Inc., headquartered in California, is a prominent player in the financial services industry, specialising in innovative banking solutions. Founded in 2007, the company has established itself as a leader in providing tailored financial products, including personal loans, mortgages, and digital banking services. With a strong operational presence across major regions in the United States, EQB Inc. is recognised for its commitment to customer-centric solutions and technological advancements. The company’s unique approach combines traditional banking principles with modern digital capabilities, setting it apart in a competitive market. Notable achievements include significant growth in customer base and recognition for excellence in service delivery, positioning EQB Inc. as a trusted name in the financial sector.
DitchCarbon Score
How does EQB Inc.'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
EQB Inc.'s score of 39 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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EQB Inc.'s reported carbon emissions
In 2024, EQB Inc. reported total carbon emissions of approximately 39,087,000 kg CO2e across all scopes. This includes 503,000 kg CO2e from Scope 1 emissions, which comprise 417,000 kg CO2e from stationary combustion and 86,000 kg CO2e from fugitive emissions. Scope 2 emissions, primarily from purchased electricity, accounted for about 492,000 kg CO2e. The majority of emissions stemmed from Scope 3, totalling approximately 39,087,000 kg CO2e, with significant contributions from capital goods (22,493,000 kg CO2e) and purchased goods and services (14,366,000 kg CO2e). In 2023, EQB Inc. reported total emissions of about 17,654,000 kg CO2e, with Scope 1 emissions at 454,000 kg CO2e and Scope 2 emissions at 474,000 kg CO2e. The Scope 3 emissions for that year were significantly lower than in 2024, at approximately 17,654,000 kg CO2e. Despite these figures, EQB Inc. has not set specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, indicating that their reported figures are independently sourced. Overall, EQB Inc. is actively monitoring its carbon footprint but currently lacks defined strategies for emissions reduction.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 454,000 | 000,000 |
| Scope 2 | 474,000 | 000,000 |
| Scope 3 | 17,654,000 | 00,000,000 |
How Carbon Intensive is EQB Inc.'s Industry?
How Carbon Intensive is EQB Inc.'s Location?
EQB Inc.'s Scope 3 Categories Breakdown
EQB Inc.'s Scope 3 emissions, which increased by 121% last year and increased by approximately 121% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 58% of Scope 3 emissions.
Top Scope 3 Categories
EQB Inc.'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.
EQB Inc. 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.
