Ditchcarbon
  • Customers
  1. Organizations
  2. Sterling Bancorp
Public Profile
Financial Intermediation
US
updated 5 months ago

Sterling Bancorp

Company website

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.

29

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.

27

Industry Benchmark

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.

54%

Let us know if this data was useful to you

Sterling Bancorp's reported carbon emissions

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sterling Bancorp'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.

Location emissions intensity

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 Sterling Bancorp is in US, which has a low grid carbon intensity relative to other regions.

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 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.

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

Similar Organizations

Synergy Financial Group, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Flushing Financial Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Meridian Bancorp, Inc.

US
•
Services auxiliary to financial intermediation (67)
Updated 14 days ago

Waterstone Financial, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Dime Community Bancshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

TFS Financial Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Where does DitchCarbon data come from?

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

Ditchcarbon
v250808.1
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy