GBank Financial Holdings Inc. Sustainability Profile
GBank Financial Holdings Inc., headquartered in the United States, is a prominent player in the financial services industry, specialising in innovative banking solutions. Founded in 2000, the company has established itself as a trusted provider of digital banking services, catering to a diverse clientele across major operational regions in the US. With a focus on core products such as high-yield savings accounts, competitive loan offerings, and advanced online banking platforms, GBank distinguishes itself through its commitment to customer-centric service and cutting-edge technology. The company has achieved significant milestones, including rapid growth in its customer base and recognition for its robust security measures. As a forward-thinking institution, GBank Financial Holdings Inc. continues to enhance its market position, striving to redefine the banking experience for its users.
DitchCarbon Score
How does GBank Financial Holdings 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
GBank Financial Holdings Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GBank Financial Holdings Inc.'s reported carbon emissions
In 2020, GBank Financial Holdings Inc. reported total carbon emissions of approximately 15,599,000 kg CO2e. This figure includes Scope 1 emissions of about 1,457,000 kg CO2e, primarily from mobile combustion, which accounted for approximately 251,000 kg CO2e. Scope 2 emissions, related to purchased electricity, totalled around 7,229,000 kg CO2e. Notably, the majority of their emissions stemmed from Scope 3, with business travel contributing approximately 12,537,000 kg CO2e. Despite the significant emissions reported, GBank Financial Holdings Inc. has not established specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of reduction initiatives suggests a need for enhanced climate action within the organisation. As of now, there are no emissions data cascaded from a parent or related organisation, indicating that the reported figures are solely from GBank Financial Holdings Inc. itself.
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| 2020 | |
|---|---|
| Scope 1 | 1,457,000 |
| Scope 2 | 7,229,000 |
| Scope 3 | 12,537,000 |
How Carbon Intensive is GBank Financial Holdings Inc.'s Industry?
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GBank Financial Holdings Inc.'s Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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GBank Financial Holdings 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.
GBank Financial Holdings 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.
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