Sterling Bancorp
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.
DitchCarbon Score
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.
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
Sterling Bancorp's score of 35 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sterling Bancorp's reported carbon emissions
In 2023, Sterling Bancorp reported total carbon emissions of approximately 436,119,071,000 kg CO2e for Scope 1, 450,630,703,000 kg CO2e for Scope 2, and 2,103,298,000 kg CO2e for Scope 3. This reflects a significant reduction in Scope 1 emissions from about 564,724,896,000 kg CO2e in 2022, indicating a proactive approach to minimising direct emissions. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Sterling Bancorp, which may limit their accountability in the context of industry standards for climate action. The absence of specific initiatives or commitments highlights a potential area for improvement in their environmental strategy. Overall, while Sterling Bancorp has made strides in reducing emissions, further commitments and structured targets could enhance their climate impact and align them with broader sustainability goals.
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Get Started| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 564,724,896,000 | 000,000,000,000 |
| Scope 2 | 402,320,079,000 | 000,000,000,000 |
| Scope 3 | 1,119,896,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to any reduction initiatives 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.
