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Lakeland Bank, headquartered in the United States, is a prominent financial institution that has been serving communities since its founding in 1969. With a strong presence in New Jersey and New York, the bank operates within the banking industry, focusing on retail and commercial banking services. Lakeland Bank offers a diverse range of core products, including personal and business banking, loans, and investment services, distinguished by their commitment to customer service and community engagement. Over the years, the bank has achieved significant milestones, solidifying its market position as a trusted financial partner. Recognised for its dedication to innovation and customer satisfaction, Lakeland Bank continues to adapt to the evolving financial landscape, ensuring that it meets the needs of its clients while contributing to the economic growth of the regions it serves.
How does Lakeland 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.
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.
Lakeland 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.
Lakeland Bank, headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that emissions data may be cascaded from its parent company, Provident Financial Services, Inc., at a cascade level of 2. This means that while Lakeland Bank does not report its own emissions, it may inherit relevant climate performance metrics from its parent organisation. As of now, Lakeland Bank's approach to climate action remains unspecified, and further information may be required to assess its environmental impact and commitments effectively.
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 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.