SR Bancorp, Inc. Sustainability Profile
SR Bancorp, Inc., commonly known as Somerset Regal Bank, is a prominent financial institution headquartered in the United States. Established in 2005, the bank has made significant strides in the banking sector, particularly in the Mid-Atlantic and Northeastern regions. Specialising in a range of financial services, SR Bancorp offers unique products such as personalised banking solutions, commercial lending, and wealth management services. The bank is recognised for its commitment to customer service and innovative financial products tailored to meet the diverse needs of its clientele. With a strong market position, SR Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for reliability in the competitive banking landscape.
DitchCarbon Score
How does SR Bancorp, 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.
Industry Average
Mean score of companies in the Services Auxiliary to 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
SR Bancorp, Inc.'s score of 23 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SR Bancorp, Inc.'s reported carbon emissions
SR Bancorp, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that SR Bancorp, Inc. may not yet have established a comprehensive framework for addressing its carbon footprint or climate impact. As the financial sector increasingly prioritises sustainability, SR Bancorp, Inc. may benefit from developing clear climate commitments and reduction strategies to align with industry standards and expectations.
How Carbon Intensive is SR Bancorp, Inc.'s Industry?
How Carbon Intensive is SR Bancorp, Inc.'s Location?
SR Bancorp, Inc.'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.
SR Bancorp, Inc. 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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