Amalgamated Financial Corp

Common Name
Amalgamated Financial
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
429
Ticker
AMAL
Exchange
NASDAQ/NMS
Description
Amalgamated Financial Corp. is a holding company that primarily operates through its subsidiary, Amalgamated Bank, which offers a wide range of financial products and services. Serving as America's la...

Amalgamated Financial's Climate Target Data Preview

As of 2023, Amalgamated Financial has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Amalgamated Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Amalgamated Financial’s Climate Targets Data

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a. Amalgamated Financial's CSR Report 2023
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Insights into Amalgamated Financial's Greenhouse Gas Emissions Pathways

As of 2023, Amalgamated Financial has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

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