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.
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.
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.
SR Bancorp, Inc.'s score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 data suggests that SR Bancorp may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, the company does not inherit any emissions data from a parent organisation, nor does it participate in recognised climate frameworks like the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Without specific emissions data or reduction commitments, SR Bancorp's climate impact remains unclear within the broader context of corporate sustainability efforts.
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.
SR Bancorp, Inc. 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.