Pathward Financial, Inc.
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.
DitchCarbon Score
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.
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
Pathward Financial, Inc.'s score of 55 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pathward Financial, Inc.'s reported carbon emissions
In 2023, Pathward Financial, Inc. reported total carbon emissions of approximately 3,000,000,000 kg CO2e, comprising 343,000,000 kg CO2e from Scope 1, 1,806,000,000 kg CO2e from Scope 2, and 1,590,000,000 kg CO2e from Scope 3 emissions. This marked a slight decrease in Scope 1 emissions compared to 2022, where they were about 390,000,000 kg CO2e, while Scope 2 emissions also saw a reduction from approximately 2,115,000,000 kg CO2e. In 2024, the company aims to further reduce its emissions, reporting projected emissions of approximately 3,000,000,000 kg CO2e, with Scope 1 emissions expected to decrease to about 302,000,000 kg CO2e and Scope 2 emissions to around 1,785,000,000 kg CO2e. However, there is an increase in Scope 3 emissions, projected at approximately 2,050,000,000 kg CO2e. Despite these figures, Pathward has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on its emissions reporting and aims to enhance its sustainability practices in the financial sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 417,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,681,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
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.
