Sterling Bancorp, a prominent financial institution headquartered in the United States, has established itself as a key player in the banking industry since its founding in 2006. With a strong presence in major operational regions across the US, Sterling Bancorp focuses on providing a diverse range of banking services, including commercial and residential lending, treasury management, and wealth management solutions. The bank is recognised for its commitment to customer service and innovative financial products tailored to meet the unique needs of its clients. Sterling Bancorp has achieved significant milestones, including notable growth in assets and a robust market position, making it a trusted choice for individuals and businesses alike. With a focus on community engagement and financial empowerment, Sterling Bancorp continues to set itself apart in the competitive landscape of banking.
How does Sterling Bancorp'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 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.
Sterling Bancorp's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sterling Bancorp, 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 Sterling Bancorp's emissions data may be influenced by its corporate relationship with Webster Financial Corporation, from which it inherits emissions data at a cascade level of 2. This means that any relevant emissions figures or climate initiatives may be derived from Webster Financial Corporation's sustainability practices and reporting. As of now, Sterling Bancorp has not publicly committed to specific science-based targets or initiatives aimed at reducing carbon emissions. 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.
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.
Sterling Bancorp 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.