Investors Bancorp, Inc. Sustainability Profile
Investors Bancorp, Inc., commonly known as Investors Bank, is a prominent financial institution headquartered in the United States. Founded in 1926, the bank has established a strong presence in the Northeastern region, particularly in New Jersey and New York. Operating within the banking industry, Investors Bank offers a comprehensive range of services, including personal and business banking, mortgage lending, and wealth management. What sets Investors Bank apart is its commitment to community engagement and customer-centric solutions, which have earned it a solid reputation among clients. With a focus on innovation and service excellence, the bank has achieved significant milestones, including consistent growth in assets and a robust market position. Investors Bancorp continues to be a trusted partner for individuals and businesses seeking reliable financial services.
DitchCarbon Score
How does Investors 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.
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
Investors Bancorp, Inc.'s score of 51 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Investors Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is a merged entity and inherits its emissions data from its parent organisation, Citizens Financial Group, Inc. However, no absolute emissions figures or reduction targets have been disclosed. As part of its climate commitments, Investors Bancorp, Inc. does not have specific Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges. The absence of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. In the context of the financial services industry, many organisations are increasingly focusing on sustainability and carbon reduction. Investors Bancorp, Inc. may benefit from aligning its practices with industry standards and exploring opportunities for emissions reduction in the future.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - | - | - | - | 00,000,000 | - |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Investors Bancorp, Inc.'s Industry?
How Carbon Intensive is Investors Bancorp, Inc.'s Location?
Investors Bancorp, Inc.'s Scope 3 Categories Breakdown
Investors Bancorp, Inc.'s Scope 3 emissions, which decreased by 1% last year and decreased by approximately 1% since 2023, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 31% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 88% of Scope 3 emissions.
Top Scope 3 Categories
Investors Bancorp, 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.
Investors Bancorp, 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.
