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Financial Intermediation
US
updated 6 months ago

Lakeland Bancorp, Inc.

Company website

Lakeland Bancorp, Inc., commonly known as Lakeland Bank, is a prominent financial institution headquartered in the United States. Established in 1969, the bank has grown to serve key regions across New Jersey and New York, providing a comprehensive range of banking services. Specialising in commercial and retail banking, Lakeland Bank offers unique products such as tailored lending solutions, treasury management, and wealth management services. With a commitment to community engagement and customer satisfaction, Lakeland Bank has achieved significant milestones, including consistent growth in assets and a strong market presence. The bank is recognised for its innovative approach to banking, making it a trusted partner for individuals and businesses alike. As a leader in the regional banking sector, Lakeland Bancorp continues to enhance its offerings, ensuring it meets the evolving needs of its clientele.

DitchCarbon Score

How does Lakeland 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.

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

Lakeland Bancorp, Inc.'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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Lakeland Bancorp, Inc.'s reported carbon emissions

Lakeland Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a merged entity that inherits emissions data from its parent organisation, Provident Financial Services, Inc. However, no absolute emissions figures or reduction targets have been disclosed. As part of its climate commitments, Lakeland Bancorp, Inc. has not specified any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The absence of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the lack of specific emissions data, it is essential for Lakeland Bancorp, Inc. to establish clear climate commitments and reduction targets to align with industry standards and contribute to broader sustainability efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lakeland Bancorp, 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.

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 Lakeland Bancorp, Inc. 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.

Lakeland Bancorp, Inc. 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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