Public Profile

Spirit of Texas Bancshares, Inc.

Spirit of Texas Bancshares, Inc., commonly referred to as Spirit of Texas Bank, is a prominent financial institution headquartered in the United States. Established in 2008, the bank has rapidly expanded its footprint across Texas, offering a range of banking services tailored to meet the needs of individuals and businesses alike. Operating primarily in the banking sector, Spirit of Texas Bancshares focuses on commercial and retail banking, providing core products such as personal and business loans, deposit accounts, and treasury management services. What sets them apart is their commitment to community engagement and personalised customer service, fostering strong relationships with clients. With a solid market position, Spirit of Texas Bancshares has achieved significant milestones, including strategic acquisitions that have bolstered its presence in key operational regions. The bank continues to thrive, driven by its dedication to innovation and customer satisfaction in the competitive financial landscape.

DitchCarbon Score

How does Spirit of Texas Bancshares, 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.

23

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.

3

Industry Benchmark

Spirit of Texas Bancshares, Inc.'s score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

Spirit of Texas Bancshares, Inc.'s reported carbon emissions

Spirit of Texas Bancshares, Inc. currently does not have available carbon emissions data for the most recent year, nor do they have specified reduction targets or climate pledges. This absence of data suggests that the company may still be in the early stages of formalising its climate commitments or reporting on its emissions. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives, which may indicate a potential future direction for Spirit of Texas Bancshares. As the industry evolves, it is likely that the company will develop and disclose its climate strategies and emissions data to align with growing environmental expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Spirit of Texas Bancshares, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Spirit of Texas Bancshares, Inc. is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Spirit of Texas Bancshares, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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