Pacific Mercantile Bank Sustainability Profile
Pacific Mercantile Bank, headquartered in the United States, is a prominent player in the banking industry, primarily serving Southern California. Founded in 1999, the bank has established itself as a trusted financial partner, focusing on commercial banking and lending services tailored to small and medium-sized enterprises. With a commitment to personalised service, Pacific Mercantile Bank offers a range of core products, including commercial loans, treasury management, and deposit services. Its unique approach combines innovative financial solutions with a deep understanding of local markets, setting it apart from competitors. Recognised for its strong market position, Pacific Mercantile Bank has achieved notable milestones, including consistent growth in assets and a reputation for exceptional customer service. As it continues to expand its footprint, the bank remains dedicated to supporting the financial needs of its diverse clientele.
DitchCarbon Score
How does Pacific Mercantile 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.
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.
Industry Benchmark
Pacific Mercantile Bank's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pacific Mercantile Bank's reported carbon emissions
Pacific Mercantile Bank, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that emissions data and performance metrics may be inherited from its parent company, Banc of California, Inc., through a merged entity relationship. This cascading of data occurs at a level 3 relationship, indicating that any relevant emissions information would be sourced from Banc of California, Inc. As of now, Pacific Mercantile Bank has not established any Science-Based Targets Initiative (SBTi) reduction targets or other significant climate pledges. The absence of specific emissions data and reduction commitments highlights an opportunity for the bank to enhance its sustainability efforts and align with industry standards for climate action.
How Carbon Intensive is Pacific Mercantile Bank's Industry?
How Carbon Intensive is Pacific Mercantile Bank's Location?
Pacific Mercantile Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pacific Mercantile Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
