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Financial Intermediation
US
updated 11 days ago

Veritex Community Bank

Company website

Veritex Community Bank, headquartered in the United States, is a prominent player in the banking industry, primarily serving the Texas region. Founded in 2010, the bank has rapidly expanded its footprint, offering a range of financial services tailored to both individuals and businesses. Specialising in commercial banking, Veritex Community Bank provides unique products such as tailored lending solutions, treasury management, and personal banking services. Its commitment to community engagement and customer-centric approach sets it apart in a competitive market. With a strong market position, Veritex has achieved significant milestones, including strategic acquisitions that enhance its service offerings. The bank's focus on building lasting relationships and fostering economic growth underscores its reputation as a trusted financial partner in the communities it serves.

DitchCarbon Score

How does Veritex Community 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.

25

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.

30

Industry Benchmark

Veritex Community 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.

40%

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Veritex Community Bank's reported carbon emissions

Veritex Community Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of Veritex Holdings, Inc., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from Veritex Community Bank, it is important to note that emissions data may be inherited from its parent company, Veritex Holdings, Inc. However, specific details regarding emissions or reduction initiatives from this source are not provided. As a financial institution, Veritex Community Bank is positioned within an industry increasingly focused on sustainability and climate action. The lack of specific emissions data highlights an opportunity for the bank to enhance its transparency and commitment to environmental stewardship.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Veritex Community Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Veritex Community Bank is in US, which has a low grid carbon intensity relative to other regions.

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.

Veritex Community 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.

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

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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