Public Profile

Kearny Financial Corp.

Kearny Financial Corp., commonly known as Kearny 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 financial services, including personal and business banking, mortgages, and investment solutions. Kearny Bank distinguishes itself through its commitment to customer service and community engagement, offering tailored products that meet the diverse needs of its clientele. With a strong market position, the bank has achieved significant milestones, including consistent growth in assets and a robust network of branches. As a trusted financial partner, Kearny Financial Corp. continues to uphold its legacy of reliability and innovation in the banking sector.

DitchCarbon Score

How does Kearny Financial 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.

23

Industry Average

Mean score of companies in the Services Auxiliary to 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

Kearny Financial Corp.'s score of 23 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%

Kearny Financial Corp.'s reported carbon emissions

In 2019, Kearny Financial Corp. reported total carbon emissions of approximately 84,936,000 kg CO2e. This figure includes Scope 1 emissions of about 1,375,000 kg CO2e, Scope 2 emissions of approximately 3,762,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 79,799,000 kg CO2e. Currently, Kearny Financial Corp. has not established specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a need for further commitment to sustainability practices within the industry context. As a financial institution headquartered in the US, Kearny's emissions profile highlights the importance of addressing climate impacts, particularly in the context of increasing regulatory and societal pressures for corporate accountability in environmental stewardship.

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2019
Scope 1
1,375,000
Scope 2
3,762,000
Scope 3
79,799,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kearny Financial Corp.'s primary industry is Services auxiliary to financial intermediation (67), 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. Kearny Financial Corp. is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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 Financial Corp. is not committed to any reduction initiatives 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
Taking Reduction Action?

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