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The Citizens Bank of Philadelphia
The Citizens Bank of Philadelphia, often referred to simply as Citizens Bank, is a prominent financial institution headquartered in the United States. Established in 1992, the bank has made significant strides in the banking industry, primarily serving the Philadelphia region and surrounding areas. Specialising in personal and commercial banking, Citizens Bank offers a diverse range of core products and services, including checking and savings accounts, loans, and investment solutions. What sets them apart is their commitment to community engagement and tailored financial solutions that meet the unique needs of their customers. With a strong market position, Citizens Bank has garnered recognition for its customer-centric approach and innovative banking practices, solidifying its reputation as a trusted partner in financial growth and stability.
DitchCarbon Score
How does The Citizens Bank of Philadelphia'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
The Citizens Bank of Philadelphia's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Citizens Bank of Philadelphia's reported carbon emissions
The Citizens Bank of Philadelphia currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. As a current subsidiary, it inherits its climate commitments and emissions data from its corporate family, but no specific figures or targets have been disclosed. The bank's climate strategy appears to be in its early stages, with no documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of data suggests that The Citizens Bank of Philadelphia may still be developing its approach to managing carbon emissions and addressing climate change. In the broader context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction, often setting ambitious targets to align with global climate goals. However, without specific commitments or data, it is unclear how The Citizens Bank of Philadelphia plans to engage with these pressing environmental challenges.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
The Citizens Bank of Philadelphia 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.
