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 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Preferred Bank's reported carbon emissions
Preferred Bank, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges. As of now, Preferred Bank does not inherit emissions data from any parent or related organizations, indicating that its climate commitments and initiatives are not influenced by external corporate family relationships. In the absence of specific emissions data or reduction initiatives, it is essential for Preferred Bank to consider developing a comprehensive climate strategy that aligns with industry standards and best practices. This could include setting science-based targets and participating in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability in 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 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.
