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Financial Intermediation
US
updated 7 months ago

Kearny Bank

Company website

Kearny Bank, officially known as Kearny Federal Savings Bank, is a prominent financial institution headquartered in the United States. Established in 1884, the bank has a rich history of serving communities primarily in New Jersey and New York. Operating within the banking industry, Kearny Bank focuses on providing a range of services, including personal and business banking, mortgages, and investment solutions. With a commitment to customer service and community engagement, Kearny Bank has distinguished itself through innovative products such as competitive savings accounts and tailored loan options. The bank's strong market position is underscored by its dedication to fostering financial growth and stability for its clients. Over the years, Kearny Bank has achieved significant milestones, solidifying its reputation as a trusted partner in the financial landscape.

DitchCarbon Score

How does Kearny 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.

25

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.

28

Industry Benchmark

Kearny Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Kearny Bank's reported carbon emissions

Kearny Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. However, it is important to note that Kearny Bank is a current subsidiary of Kearny Financial Corp., which may influence its climate strategy and reporting. Emissions data and performance metrics may be inherited from Kearny Financial Corp., but specific figures or targets have not been disclosed. As a part of the financial sector, Kearny Bank is positioned within an industry increasingly focused on sustainability and climate action. While no specific commitments or targets are outlined, the bank's affiliation with Kearny Financial Corp. suggests potential alignment with broader corporate sustainability initiatives.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kearny Bank'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.

Location emissions intensity

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 Kearny Bank is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Kearny 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.

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

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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