SB One Bancorp Sustainability Profile
SB One Bancorp, headquartered in the United States, is a prominent player in the banking industry, primarily serving New Jersey and surrounding regions. Founded in 2008, the company has established itself as a trusted financial institution, focusing on community banking and providing a range of services tailored to individual and business needs. The core offerings of SB One Bancorp include personal and commercial banking, mortgage lending, and wealth management services. What sets them apart is their commitment to personalised customer service and innovative financial solutions designed to foster growth and stability. With a strong market position, SB One Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for reliability in the financial sector.
DitchCarbon Score
How does SB One 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
SB One Bancorp's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SB One Bancorp currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The organisation is a merged entity, inheriting its climate-related data from Provident Financial Services, Inc. at a cascade level of 1. While there are no documented reduction targets or climate pledges from SB One Bancorp, the company is part of a broader industry context where financial institutions are increasingly focusing on sustainability and carbon reduction initiatives. The lack of specific emissions data and reduction commitments suggests that SB One Bancorp may still be in the early stages of developing its climate strategy. As the financial sector continues to evolve towards more sustainable practices, it is essential for SB One Bancorp to establish clear emissions targets and commitments to align with industry standards and expectations.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 408,000 | 000,000,000 | 000,000 |
| Scope 2 | 1,113,000 | - | 000,000 |
| Scope 3 | 2,986,000 | - | - |
How Carbon Intensive is SB One Bancorp's Industry?
How Carbon Intensive is SB One Bancorp's Location?
SB One Bancorp'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.
SB One Bancorp 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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