Sunrise Banks, a prominent financial institution headquartered in the United States, has been a leader in the banking industry since its founding in 1982. With a strong presence in the Twin Cities of Minnesota, the bank focuses on providing innovative financial solutions that cater to diverse communities. Specialising in community banking, Sunrise Banks offers a range of services, including personal and business banking, loans, and investment options. What sets them apart is their commitment to social responsibility and sustainable practices, making them a preferred choice for socially conscious consumers. Recognised for their dedication to financial inclusion, Sunrise Banks has achieved notable milestones, including being named a Community Development Financial Institution (CDFI). Their unique approach to banking not only enhances customer experience but also strengthens local economies, positioning them as a trusted partner in the financial landscape.
How does Sunrise Banks'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.
Sunrise Banks's score of 3 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2021, Sunrise Banks reported total carbon emissions of approximately 940,000 kg CO2e. This figure includes Scope 1 emissions of about 218,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 714,000 kg CO2e from purchased electricity. Additionally, Scope 3 emissions, which encompass business travel, were about 8,000 kg CO2e. Over the years, Sunrise Banks has demonstrated a commitment to reducing its carbon footprint. From 2018 to 2021, the bank achieved a significant reduction in total emissions, decreasing from approximately 1,249,000 kg CO2e in 2018 to 940,000 kg CO2e in 2021. This represents a reduction of about 25% over the three-year period. Despite the positive trend in emissions reduction, there are currently no specific reduction targets or climate pledges disclosed by Sunrise Banks. The bank's ongoing efforts to address climate change and its impact on the environment remain a critical focus, aligning with industry standards for sustainability and carbon management.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Scope 1 | 305,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 885,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 59,000 | 00,000 | 0,000 | 0,000 |
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.
Sunrise Banks 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.