RBB Bancorp
RBB Bancorp, also known as Royal Business Bank, is a prominent financial institution headquartered in the United States, with a strong presence in major operational regions including California and New York. Founded in 2008, the bank has quickly established itself within the banking industry, focusing on commercial banking services tailored to small and medium-sized enterprises. RBB Bancorp offers a range of core products, including business loans, treasury management, and deposit services, distinguished by their commitment to personalised customer service and innovative financial solutions. The bank's strategic approach has positioned it as a leader in serving the Asian-American community, contributing to its notable achievements in fostering economic growth within diverse markets. With a dedication to excellence, RBB Bancorp continues to expand its footprint while maintaining a strong reputation for reliability and community engagement.
DitchCarbon Score
How does RBB Bancorp'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
RBB Bancorp's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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RBB Bancorp's reported carbon emissions
In 2021, RBB Bancorp reported significant carbon emissions, with Scope 2 emissions from purchased electricity amounting to approximately 17,226,332 kg CO2e. Additionally, Scope 3 emissions related to business travel were recorded at about 7,616 kg CO2e. This data indicates a focus on indirect emissions, as no Scope 1 emissions data was disclosed. Comparing this to previous years, in 2020, the company had Scope 2 emissions of about 18,260,721 kg CO2e and Scope 3 emissions of approximately 90,610 kg CO2e. In 2019, the figures were about 17,903,906 kg CO2e for Scope 2 and around 396,711 kg CO2e for Scope 3. This trend suggests a reduction in Scope 2 emissions from 2020 to 2021, while Scope 3 emissions have also decreased significantly over the same period. RBB Bancorp 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 have cascaded emissions data from a parent organisation, indicating that its reported figures are independently sourced. Overall, RBB Bancorp's emissions profile highlights a commitment to monitoring and reporting carbon emissions, although further initiatives and targets would enhance its climate strategy.
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.
RBB Bancorp 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.
