Sterling Bancorp Sustainability Profile
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 strategic acquisitions that have expanded its market reach and enhanced its service offerings. As a trusted partner for individuals and businesses alike, Sterling Bancorp continues to solidify its position in the competitive banking landscape through its dedication to excellence and community engagement.
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 29 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. The organisation's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential area for development in their sustainability strategy. However, it is important to note that Sterling Bancorp's emissions data may be cascaded from its parent company, Webster Financial Corporation, at a level 1 relationship. This means that while Sterling Bancorp does not report its own emissions, it may align with the broader climate initiatives and targets set by Webster Financial Corporation. As of now, there are no documented reduction targets or climate pledges from Sterling Bancorp, which suggests that the company may need to enhance its focus on sustainability and emissions reduction in line with industry standards. The absence of specific emissions data and reduction initiatives highlights an opportunity for Sterling Bancorp to establish clearer climate commitments and contribute to the global effort in mitigating climate change.
How Carbon Intensive is Sterling Bancorp's Industry?
How Carbon Intensive is Sterling Bancorp's Location?
Sterling Bancorp'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.
Sterling Bancorp has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
