Exchange Bank, headquartered in the United States, is a prominent financial institution that has been serving communities since its founding in 1890. With a strong presence in California and other key regions, the bank operates within the banking and financial services industry, offering a range of products tailored to meet the diverse needs of its clients. Specialising in personal banking, commercial lending, and wealth management, Exchange Bank distinguishes itself through its commitment to customer service and community engagement. The bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. As a trusted partner in financial growth, Exchange Bank continues to solidify its market position, providing innovative solutions that cater to both individual and business clients.
How does Exchange 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.
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.
Exchange Bank's score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Exchange Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary, it inherits its climate commitments and emissions data from its parent organisation, which is not specified in the provided information. Despite the absence of concrete emissions figures, Exchange Bank is committed to addressing climate change through various initiatives. However, there are no documented reduction targets or specific climate pledges outlined in the available data. As part of the broader financial sector, Exchange Bank is likely influenced by industry standards and practices regarding sustainability and carbon reduction, although specific initiatives or targets have not been detailed. The lack of emissions data and reduction commitments suggests that Exchange Bank may still be in the early stages of formalising its climate strategy.
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.
Exchange 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.
