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Financial Intermediation
US
updated 6 days ago

Flagstar Bancorp, Inc.

Company website

Flagstar Bancorp, Inc., a prominent financial institution headquartered in the United States, has established itself as a leader in the banking and mortgage industry since its founding in 1987. With a strong presence in key operational regions, including Michigan and California, Flagstar offers a diverse range of services, including commercial banking, mortgage lending, and wealth management. The company is renowned for its innovative mortgage solutions and customer-centric approach, which sets it apart in a competitive market. Flagstar's commitment to community engagement and financial empowerment has earned it recognition as one of the largest savings banks in the U.S. With a focus on growth and sustainability, Flagstar Bancorp continues to achieve significant milestones, solidifying its position as a trusted partner for individuals and businesses alike.

DitchCarbon Score

How does Flagstar Bancorp, 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.

25

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.

28

Industry Benchmark

Flagstar Bancorp, Inc.'s score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Flagstar Bancorp, Inc.'s reported carbon emissions

Flagstar Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is identified as a merged entity, inheriting emissions data from its parent company, Flagstar Financial, Inc., but no specific emissions metrics have been disclosed. In terms of climate commitments, Flagstar Bancorp has not established any documented reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. This lack of formal commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As a merged entity, Flagstar Bancorp's climate-related actions and commitments may be influenced by its corporate family dynamics, but specific details regarding cascading initiatives or performance from Flagstar Financial, Inc. are not provided. Overall, the absence of emissions data and reduction targets highlights an opportunity for Flagstar Bancorp to enhance its climate strategy and transparency in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Flagstar Bancorp, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very 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. This request for Flagstar Bancorp, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Flagstar Bancorp, Inc. is not participating in any of the initiatives that 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
Reduction Actions

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