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Public Profile
Services Auxiliary to Financial Intermediation
US
updated 19 days ago

TF Financial Corporation Sustainability Profile

Company website

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.

DitchCarbon Score

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.

27

Industry Average

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.

29

Industry Benchmark

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.

42%

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TF Financial Corporation's reported carbon emissions

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.

How Carbon Intensive is TF Financial Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. TF Financial Corporation's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is TF Financial Corporation's Location?

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 TF Financial Corporation is in US, which has a low grid carbon intensity relative to other regions.

TF Financial Corporation'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.

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.

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

Compare TF Financial Corporation's Emissions with Industry Peers

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Updated 10 days ago

Coastway Bancorp, Inc.

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Updated 30 days ago

Beverly Financial, MHC

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

A J Smith Federal Savings Bank

US
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Financial intermediation services, except insurance and pension funding services (65)
Updated 20 days ago

Sunnyside Federal Savings and Loan Association of Irvington

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

Alliance Bancorp

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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Where does DitchCarbon data come from?

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

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