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.
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.
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.
RBB Bancorp's score of 23 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, RBB Bancorp reported total carbon emissions of approximately 20,225,717 kg CO2e, with emissions distributed across various scopes: Scope 1 emissions were about 2,991,769 kg CO2e, Scope 2 emissions totalled approximately 17,226,332 kg CO2e, and Scope 3 emissions were minimal at about 7,616 kg CO2e. This marked a significant reduction from 2020, where total emissions were approximately 23,150,576 kg CO2e, indicating a downward trend in their carbon footprint. In 2020, the company had Scope 1 emissions of about 4,799,245 kg CO2e and Scope 2 emissions of approximately 18,260,721 kg CO2e, alongside Scope 3 emissions of about 90,610 kg CO2e. The reduction from 2020 to 2021 reflects RBB Bancorp's commitment to improving its environmental performance. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by RBB Bancorp. The company has not outlined any science-based targets or formal climate commitments, which places it in a broader industry context where many organisations are increasingly adopting ambitious climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.