CF Bankshares Inc., headquartered in the United States, is a prominent player in the banking industry, primarily focusing on commercial banking and financial services. Founded in 1999, the company has established a strong presence in key operational regions across the Midwest, offering a range of products tailored to meet the needs of both individuals and businesses. The bank's core services include commercial lending, residential mortgages, and treasury management, distinguished by their commitment to personalised customer service and innovative financial solutions. CF Bankshares Inc. has achieved notable milestones, including consistent growth in assets and a reputation for reliability in the financial sector. With a focus on community engagement and sustainable practices, CF Bankshares Inc. continues to solidify its market position as a trusted financial partner.
How does CF Bankshares 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.
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.
CF Bankshares Inc.'s score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CF Bankshares Inc. reported total carbon emissions of approximately 4,245,840 kg CO2e. This represents a decrease from 2022, when emissions were about 4,391,000 kg CO2e. The company has set specific reduction targets for its Scope 1 and Scope 2 emissions. For Scope 1, CF Bankshares aims to reduce emissions by 1.5% from 2022 levels, targeting a reduction to about 267.47 tonnes CO2e. For Scope 2, the target is a more ambitious 10.8% reduction, aiming for approximately 2,528.66 tonnes CO2e by the end of 2023. Additionally, CF Bankshares has committed to achieving net zero emissions across all scopes by 2050, demonstrating a long-term commitment to climate action. The company’s emissions per unit of net revenue for Scope 1 and 2 have been reported as 0.0004 NT$ in 2023, indicating a focus on improving efficiency alongside emissions reductions.
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.
CF Bankshares 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.