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Frost Bank, officially known as Frost National Bank, is a prominent financial institution headquartered in San Antonio, Texas, with a strong presence across the state and in various regions of the United States. Founded in 1868, Frost Bank has established itself as a leader in the banking industry, offering a comprehensive range of services including personal banking, commercial banking, investment management, and insurance. Renowned for its customer-centric approach, Frost Bank distinguishes itself through innovative financial solutions and a commitment to community engagement. The bank has achieved notable milestones, such as consistently high customer satisfaction ratings and recognition for its corporate responsibility initiatives. With a robust market position, Frost Bank continues to thrive as a trusted partner for individuals and businesses alike, making it a key player in the financial services sector.
How does Frost 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.
Frost Bank's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Frost Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. However, the bank is a current subsidiary of Cullen/Frost Bankers, Inc., which may influence its climate commitments and reporting practices. As of now, Frost Bank has not established any documented reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. This lack of specific targets suggests that the bank is still in the early stages of formalising its climate strategy. While no direct emissions data is available, the bank's commitment to sustainability can be inferred through its affiliation with Cullen/Frost Bankers, Inc., which may have its own climate initiatives and reporting. As the financial sector increasingly prioritises environmental responsibility, it is anticipated that Frost Bank will develop and disclose its climate commitments in alignment with industry standards in the future.
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.
Frost Bank 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.