Preferred Bank
Preferred Bank, officially known as Preferred Bank, is a prominent financial institution headquartered in the United States, with a strong presence in major operational regions such as California and New York. Established in 1991, the bank has achieved significant milestones, including its successful listing on the NASDAQ. Operating within the banking industry, Preferred Bank focuses on commercial banking services, catering primarily to small and medium-sized enterprises. Its core offerings include business loans, treasury management, and personal banking solutions, distinguished by a commitment to personalised service and competitive rates. With a reputation for financial stability and customer-centric solutions, Preferred Bank has positioned itself as a trusted partner for businesses seeking growth and innovation in their financial strategies.
DitchCarbon Score
How does Preferred 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
Preferred Bank's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Preferred Bank's reported carbon emissions
Preferred Bank, headquartered in the US, currently does not have available carbon emissions data for the most recent year, nor does it specify any reduction targets or initiatives. Without specific emissions figures or commitments, it is unclear how the bank is addressing its carbon footprint or contributing to climate action. In the absence of concrete data, it is essential to monitor industry trends and best practices for climate commitments, as many financial institutions are increasingly focusing on sustainability and reducing their environmental impact.
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.
Preferred Bank is not committed to any reduction initiatives 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.
