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 79% 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 total carbon emissions of approximately 20,225,717 kg CO2e, a significant reduction from about 23,150,576 kg CO2e in 2020 and approximately 25,086,988 kg CO2e in 2019. The emissions breakdown for 2021 includes about 2,991,769 kg CO2e from Scope 1, approximately 17,226,332 kg CO2e from Scope 2, and a minimal contribution of about 7,616 kg CO2e from Scope 3 emissions. Despite these reductions, RBB Bancorp has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, which has decreased from about 3,241 kg CO2e per employee in 2019 to approximately 2,837 kg CO2e per employee in 2021. This trend indicates a commitment to enhancing operational efficiency and reducing its carbon footprint over time.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 6,786,370.38 | 0,000,000.00 | 0,000,000.00 |
| Scope 2 | 17,903,906.13 | 00,000,000.00 | 00,000,000.00 |
| Scope 3 | 396,711.31 | 00,000.00 | 0,000.0 |
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.
