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 24 is lower than 57% 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. This figure reflects a reduction from 2022, where the climate impact per employee was about 1,560 kg CO2e. In 2021, the company recorded a significantly lower impact of around 720 kg CO2e per employee. While specific Scope 1, 2, and 3 emissions data have not been disclosed, the company has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The reported metrics indicate a focus on improving efficiency and reducing emissions relative to employee count and net sales, with the climate impact per net sales decreasing from 0.00034 SEK in 2022 to 0.00027 SEK in 2023. Overall, TF Financial Corporation demonstrates a commitment to monitoring and reducing its carbon footprint, although further transparency regarding specific emissions scopes and reduction initiatives would enhance its climate strategy.
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.
TF Financial Corporation 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.