QCR Holdings, Inc. Sustainability Profile
QCR Holdings, Inc., commonly referred to as QCRH, is a prominent financial services company headquartered in the United States. Established in 1993, QCRH has grown significantly, with a strong presence in key operational regions including Iowa and Illinois. The company operates within the banking and financial services industry, focusing on commercial banking, wealth management, and treasury management. QCRH distinguishes itself through its commitment to personalised service and innovative financial solutions tailored to meet the diverse needs of its clients. With a robust portfolio of core products and services, the company has achieved notable milestones, including consistent growth in assets and a strong market position. Recognised for its dedication to community engagement and customer satisfaction, QCR Holdings continues to be a trusted partner for businesses and individuals alike.
DitchCarbon Score
How does QCR Holdings, 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
QCR Holdings, Inc.'s score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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QCR Holdings, Inc.'s reported carbon emissions
In 2021, QCR Holdings, Inc. reported total carbon emissions of approximately 13,861,350 kg CO2e. This figure includes Scope 1 emissions of about 10,958,350 kg CO2e, Scope 2 emissions of approximately 2,903,000 kg CO2e, and Scope 3 emissions totalling around 9,936,960 kg CO2e. The breakdown of Scope 3 emissions reveals significant contributions from purchased goods and services (approximately 3,341,760 kg CO2e) and downstream transportation and distribution (about 1,983,790 kg CO2e). Despite the detailed emissions reporting, QCR Holdings, Inc. has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, maintaining a standalone approach to its climate commitments. As QCR Holdings, Inc. continues to navigate its environmental impact, the focus on transparency in emissions reporting is crucial for future climate strategies and potential commitments to reduction targets.
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| 2021 | |
|---|---|
| Scope 1 | 10,958,350 |
| Scope 2 | 2,903,000 |
| Scope 3 | 9,936,960 |
How Carbon Intensive is QCR Holdings, Inc.'s Industry?
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QCR Holdings, Inc.'s Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 42% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 34% of Scope 3 emissions.
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QCR Holdings, Inc.'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.
QCR Holdings, Inc. 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.
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