Valley National Bank, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1927. With a strong presence in key regions such as New Jersey, New York, and Florida, the bank operates within the competitive landscape of the banking industry, offering a diverse range of services. Valley National Bank is renowned for its comprehensive suite of products, including personal and commercial banking, wealth management, and mortgage services. What sets the bank apart is its commitment to personalised customer service and innovative financial solutions tailored to meet the unique needs of its clients. Over the years, Valley National Bank has achieved significant milestones, solidifying its market position as a trusted financial partner. With a focus on community engagement and sustainable growth, the bank continues to enhance its reputation as a leader in the banking sector.
How does Valley National Bank'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.
Valley National Bank's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Valley National Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank is a current subsidiary of a larger corporate family, which may influence its climate commitments and reporting practices. Despite the lack of specific emissions data, Valley National Bank is engaged in various climate initiatives. However, there are no documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other industry-standard frameworks. The absence of these targets suggests that the bank may still be in the early stages of formalising its climate strategy. As a current subsidiary of Valley National Bank, any potential emissions data or climate commitments may be influenced by the broader corporate policies of its parent organisation. The bank's approach to sustainability and climate action will likely evolve as it aligns with industry standards and expectations.
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.
Valley National Bank 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.