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Public Profile
Financial Intermediation
US
updated a month ago

State Bank Financial Corporation Sustainability Profile

Company website

State Bank Financial Corporation, commonly referred to as State Bank, is a prominent financial institution headquartered in the United States. Established in 2005, the bank has rapidly expanded its footprint, primarily serving clients in the southeastern region of the country. Operating within the banking and financial services industry, State Bank offers a diverse range of products, including personal and commercial banking, mortgage services, and wealth management solutions. What sets State Bank apart is its commitment to personalised customer service and innovative financial products tailored to meet the unique needs of its clients. With a strong market position, State Bank has achieved notable milestones, including consistent growth in assets and a reputation for reliability. As a trusted partner in financial services, State Bank Financial Corporation continues to enhance its offerings, ensuring clients receive exceptional value and support.

DitchCarbon Score

How does State Bank Financial Corporation'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.

25

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.

29

Industry Benchmark

State Bank Financial Corporation's score of 25 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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State Bank Financial Corporation's reported carbon emissions

State Bank Financial Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The organisation's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that State Bank Financial Corporation's emissions data may be influenced by its corporate relationship with Cadence Bank, from which it has inherited emissions data at a cascade level of 2. This means that any relevant emissions figures or climate initiatives would be derived from Cadence Bank's reporting. As of now, State Bank Financial Corporation has not publicly committed to specific science-based targets or initiatives aimed at reducing its carbon footprint. The lack of detailed emissions data and reduction commitments highlights an opportunity for the organisation to enhance its climate strategy and transparency in the future.

How Carbon Intensive is State Bank Financial Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. State Bank Financial Corporation'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.

How Carbon Intensive is State Bank Financial Corporation's Location?

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. This request for State Bank Financial Corporation is in US, which has a low grid carbon intensity relative to other regions.

State Bank Financial Corporation'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 Bank Financial Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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