Commercial Bank Sustainability Profile
Commercial Bank, headquartered in the United States, is a prominent player in the financial services industry, specialising in a diverse range of banking solutions. Founded in the early 20th century, the bank has established itself as a trusted institution, serving both individual and corporate clients across major operational regions in the US. With a focus on retail banking, commercial lending, and wealth management, Commercial Bank offers unique products such as tailored loan solutions and innovative digital banking services. Its commitment to customer service and community engagement has earned it a strong market position, recognised for its stability and reliability. Notable achievements include consistent growth in assets and a reputation for financial strength, making Commercial Bank a preferred choice for those seeking comprehensive banking services.
DitchCarbon Score
How does Commercial 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.
Industry Average
Mean score of companies in the 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
Commercial Bank's score of 18 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Commercial Bank does not report specific carbon emissions figures. However, it is important to note that emissions data may be inherited from its parent company, Columbia Banking System, Inc., due to a corporate merger. This means that any climate commitments or emissions reductions may reflect the broader initiatives of Columbia Banking System, Inc. Currently, there are no documented reduction targets or climate pledges from Commercial Bank. The absence of specific emissions data and reduction initiatives suggests that the bank may still be in the process of establishing its own climate strategy or aligning with the sustainability goals of its parent organisation. In the context of the banking industry, many institutions are increasingly focusing on reducing their carbon footprints and committing to science-based targets. As Commercial Bank continues to integrate with Columbia Banking System, Inc., it may adopt similar strategies to enhance its climate commitments and transparency in emissions reporting.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 5,006,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,416,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,516,000 | 000,000 | 000,000 | 0,000,000 |
How Carbon Intensive is Commercial Bank's Industry?
How Carbon Intensive is Commercial Bank's Location?
Commercial Bank's Scope 3 Categories Breakdown
Commercial Bank's Scope 3 emissions, which increased by 100% last year and decreased by approximately 44% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Commercial Bank'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.
Commercial Bank 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.
