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Public Profile
Financial Intermediation
US
updated a month ago

GBank Financial Holdings Inc. Sustainability Profile

Company website

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.

17

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.

29

Industry Benchmark

GBank Financial Holdings Inc.'s score of 17 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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GBank Financial Holdings Inc.'s reported carbon emissions

In 2019, GBank Financial Holdings Inc. reported total carbon emissions of approximately 9,193,000 kg CO2e. This figure includes Scope 1 emissions of about 27,000 kg CO2e, Scope 2 emissions of approximately 5,422,000 kg CO2e, and Scope 3 emissions of around 3,744,000 kg CO2e. Over the previous years, emissions have shown a downward trend, with total emissions recorded at about 9,628,000 kg CO2e in 2018, 9,878,000 kg CO2e in 2017, 9,432,000 kg CO2e in 2016, and a peak of approximately 11,580,000 kg CO2e in 2015. This indicates a significant reduction in emissions over the years, particularly in Scope 2 emissions, which decreased from about 7,504,000 kg CO2e in 2015 to 5,422,000 kg CO2e in 2019. Despite these reductions, GBank Financial Holdings Inc. has not set specific science-based targets (SBTi) or documented climate pledges to further guide their emissions reduction efforts. The absence of formal reduction targets suggests a need for enhanced climate commitments to align with industry standards and expectations. All emissions data is sourced directly from GBank Financial Holdings Inc., with no cascaded data from parent or related organizations.

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20152016201720182019
Scope 1
28,000
00,000
00,000
00,000
00,000
Scope 2
7,504,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
4,048,000
0,000,000
0,000,000
0,000,000
0,000,000

How Carbon Intensive is GBank Financial Holdings Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. GBank Financial Holdings 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.

How Carbon Intensive is GBank Financial Holdings Inc.'s Location?

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 GBank Financial Holdings Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare GBank Financial Holdings Inc.'s Emissions with Industry Peers

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 hour ago

Morgan Stanley

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Santander Holdings USA, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Bank of San Francisco

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Barclays PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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