Popular Bank Sustainability Profile
Popular Bank, officially known as Popular Bank, N.A., is a prominent financial institution headquartered in the United States, with a strong presence in key regions such as New York and Puerto Rico. Founded in 1893, the bank has established itself within the banking industry, focusing on retail banking, commercial banking, and wealth management services. With a commitment to customer-centric solutions, Popular Bank offers a range of unique products, including personal and business loans, mortgages, and innovative digital banking services. The bank's dedication to community engagement and financial education has earned it a solid market position, making it a trusted choice for individuals and businesses alike. Notable achievements include consistent recognition for its customer service excellence and a robust growth trajectory in the competitive banking landscape.
DitchCarbon Score
How does Popular 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
Popular Bank's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Popular Bank does not report specific carbon emissions figures. The bank is a current subsidiary of Popular, Inc., which may influence its climate-related initiatives and commitments. However, no specific reduction targets or climate pledges have been documented for Popular Bank itself. Given the absence of direct emissions data, it is important to note that Popular Bank's climate commitments may be informed by broader corporate strategies from its parent company. As a subsidiary, it may align with the sustainability goals set by Popular, Inc., which could include industry-standard practices for reducing carbon footprints and enhancing environmental responsibility. In summary, while specific emissions data and reduction targets for Popular Bank are not available, the bank's climate commitments may be shaped by its relationship with Popular, Inc., reflecting a commitment to sustainability within the financial sector.
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Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 557,000 | 000,000 | 000,000 |
| Scope 2 | 10,666,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Popular Bank's Industry?
How Carbon Intensive is Popular Bank's Location?
Popular 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.
Popular 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.
