Banc of California, Inc.
Banc of California, Inc., often referred to as Banc of California, is a prominent financial institution headquartered in the United States. Established in 2009, the bank has rapidly expanded its operations across key regions, primarily serving California and the broader Western United States. Specialising in commercial banking, Banc of California offers a diverse range of services, including commercial real estate loans, business banking solutions, and personal banking products. What sets Banc of California apart is its commitment to supporting local businesses and communities, fostering economic growth through tailored financial solutions. The bank has achieved notable milestones, including strategic partnerships and a robust market presence, positioning itself as a trusted financial partner. With a focus on innovation and customer service, Banc of California continues to enhance its offerings, making it a significant player in the competitive banking landscape.
DitchCarbon Score
How does Banc of California, Inc.'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
Banc of California, Inc.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banc of California, Inc.'s reported carbon emissions
In 2023, Banc of California, Inc. reported total carbon emissions of approximately 2,223,120 kg CO2e. This figure remained consistent with the emissions recorded in 2022, indicating no significant reduction in their overall carbon footprint over the year. The emissions data does not specify the breakdown into Scope 1, 2, or 3 categories, as there is no disclosed information regarding these scopes. Currently, Banc of California, Inc. has not established any specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). This lack of formal commitments may reflect a broader industry trend where financial institutions are increasingly scrutinised for their environmental impact and climate strategies. As the organisation continues to operate within the financial sector, it is essential for Banc of California, Inc. to consider developing comprehensive climate commitments and reduction strategies to align with global sustainability goals and stakeholder expectations.
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.
Banc of California, Inc. 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.
