State Bancorp, Inc. Sustainability Profile
State Bancorp, Inc., a prominent financial institution headquartered in the United States, has established itself as a key player in the banking industry since its inception. With a focus on providing comprehensive banking solutions, the company operates primarily in the Mid-Atlantic region, catering to both individual and business clients. Founded in the early 2000s, State Bancorp has achieved significant milestones, including the expansion of its branch network and the introduction of innovative financial products. The bank offers a range of services, including personal and commercial banking, loans, and investment solutions, distinguished by its commitment to customer service and community engagement. Recognised for its stability and growth, State Bancorp, Inc. continues to strengthen its market position, making it a trusted choice for customers seeking reliable financial services.
DitchCarbon Score
How does State 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 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
State Bancorp, Inc.'s score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Bancorp, Inc.'s reported carbon emissions
In 2017, State Bancorp, Inc. reported total carbon emissions of approximately 24,400,000 kg CO2e. This figure represents the company's overall emissions but does not specify the breakdown into Scope 1, 2, or 3 emissions, as no detailed data is available for these categories. Currently, State Bancorp, Inc. has not established any specific reduction targets or climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As of now, there are no cascaded emissions data from a parent or related organization, indicating that the reported emissions are solely from State Bancorp, Inc. itself. The company may need to enhance its climate commitments and reporting to align with industry standards and expectations for sustainability.
How Carbon Intensive is State Bancorp, Inc.'s Industry?
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State 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.
State 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.
