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Public Profile
Financial Intermediation
US
updated 2 months ago

Heritage Commerce Corp Sustainability Profile

Company website

Heritage Commerce Corp, often referred to as Heritage Bank, is a prominent financial institution headquartered in the United States. Established in 1994, the company has made significant strides in the banking sector, primarily serving the California region with a focus on community banking. Heritage Commerce Corp offers a range of services, including commercial banking, treasury management, and wealth management, distinguished by its commitment to personalised customer service and local expertise. The bank has achieved notable milestones, including consistent growth in assets and a strong market presence, positioning itself as a trusted partner for businesses and individuals alike. With a dedication to fostering community relationships, Heritage Commerce Corp continues to thrive in the competitive landscape of the financial services industry.

DitchCarbon Score

How does Heritage Commerce Corp'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.

19

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

Heritage Commerce Corp's score of 19 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Heritage Commerce Corp's reported carbon emissions

Heritage Commerce Corp, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, Heritage Commerce Corp's climate commitments remain unclear, and there is no inherited emissions data from a parent or related organization. The company has not established any Science-Based Targets Initiative (SBTi) reduction targets or other significant climate initiatives at this time. In the context of the industry, it is essential for companies to adopt transparent climate strategies and set measurable targets to mitigate their environmental impact. Without specific emissions data or commitments, Heritage Commerce Corp may face challenges in aligning with industry standards for sustainability and climate action.

How Carbon Intensive is Heritage Commerce Corp's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Heritage Commerce Corp'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 Heritage Commerce Corp'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 Heritage Commerce Corp is in US, which has a low grid carbon intensity relative to other regions.

Heritage Commerce Corp'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.

Heritage Commerce Corp 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 Heritage Commerce Corp's Emissions with Industry Peers

Sierra Bancorp

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 27 days ago

Northrim BanCorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 20 days ago

SVB Financial Group

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

CoBiz Financial Inc.

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

Opus Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

First Business Financial Services, Inc.

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