Pathward Financial, Inc., formerly known as The Bancorp, Inc., is a prominent financial services provider headquartered in the United States. Established in 2000, the company has carved a niche in the banking and financial technology sectors, focusing on innovative solutions for payments, banking, and lending. With a strong presence across various operational regions, Pathward offers a diverse range of core products, including digital banking services, payment processing, and prepaid card solutions. What sets Pathward apart is its commitment to leveraging technology to enhance customer experiences and streamline financial transactions. Recognised for its adaptability and growth, Pathward Financial has achieved significant milestones, positioning itself as a leader in the fintech industry. Its unique blend of traditional banking services and cutting-edge technology continues to drive its success in an ever-evolving market.
How does Pathward Financial, 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.
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.
Pathward Financial, Inc.'s score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Pathward Financial, Inc. reported carbon emissions of approximately 2,115,000 kg CO2e, all of which fall under Scope 2 emissions. This represents a decrease from 2,217,000 kg CO2e in 2021 and 2,681,000 kg CO2e in 2020, indicating a positive trend in their emissions management efforts. Despite these reductions, Pathward has not set specific science-based targets (SBTi) or documented reduction initiatives. The company does not disclose any Scope 1 or Scope 3 emissions data, which limits the comprehensiveness of their climate impact assessment. Pathward's emissions data is self-reported and does not cascade from any parent organisation, ensuring that the figures reflect their direct operational impact. The company continues to focus on improving its sustainability practices, although further commitments or pledges have not been publicly outlined.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 2,681,000,000 | 0,000,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
Pathward Financial, 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.