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Public Profile
Financial Intermediation
US
updated 4 days ago

Pathward Financial, Inc.

Company website

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.

31

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

Pathward Financial, Inc.'s score of 31 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Pathward Financial, Inc.'s reported carbon emissions

In 2022, Pathward Financial, Inc. reported Scope 2 emissions of approximately 2,115,000,000 kg CO2e. This figure represents a slight decrease from 2021, where emissions were about 2,217,000,000 kg CO2e, and a further reduction from 2020's total of approximately 2,681,000,000 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data. Pathward has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 25% by 2030, with a target start year of 2024. Additionally, the company has pledged to achieve net zero Scope 1 and Scope 2 emissions by 2050. These commitments reflect a proactive approach to addressing climate change and align with industry standards for sustainability. The emissions data and reduction targets are sourced directly from Pathward Financial, Inc., with no cascaded data from parent or related organizations. The company is actively working towards its climate goals, demonstrating a commitment to reducing its carbon footprint in the financial sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pathward Financial, Inc.'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 Pathward Financial, Inc. 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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