TF Financial Corporation, commonly referred to as TF Financial, is a prominent financial institution headquartered in the United States. Established in 2000, the company has made significant strides in the banking sector, particularly within the Mid-Atlantic region. Specialising in commercial banking, TF Financial offers a range of services including loans, deposit accounts, and wealth management solutions tailored to meet the diverse needs of its clients. With a commitment to personalised service and community engagement, TF Financial has carved out a strong market position, recognised for its customer-centric approach and innovative financial products. The corporation's dedication to excellence has earned it numerous accolades, solidifying its reputation as a trusted partner in financial services. As it continues to grow, TF Financial remains focused on delivering unique solutions that empower individuals and businesses alike.
How does TF Financial Corporation'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 Services Auxiliary to 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.
TF Financial Corporation's score of 27 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TF Financial Corporation reported a climate impact of approximately 1,410 kg CO2e per employee, reflecting a decrease from about 1,560 kg CO2e per employee in 2022. This indicates a positive trend in their emissions per employee, although specific total emissions figures for Scope 1, 2, and 3 are not disclosed. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Furthermore, emissions data is cascaded from Truist Financial Corporation, which is relevant given the corporate family relationship. TF Financial Corporation's climate commitments remain vague, with no specific pledges or initiatives outlined in the available data. The organisation's focus appears to be on improving efficiency as evidenced by the reduction in emissions per employee over the years.
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.
TF Financial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.