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Financial Intermediation
US
updated 7 months ago

Lakeland Bank

Company website

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.

DitchCarbon Score

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.

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 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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Lakeland Bank's reported carbon emissions

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.

Industry emissions intensity

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

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.

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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[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
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