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Public Profile
Financial Intermediation
NZ
updated 6 months ago

Southland Building Society

Company website

Southland Building Society, commonly known as SBS Bank, is a prominent financial institution headquartered in Invercargill, New Zealand. Established in 1869, it has a rich history of serving the Southland region and beyond, with a focus on providing competitive banking solutions tailored to the needs of its members. Operating primarily in the Southland and Otago regions, SBS Bank is renowned for its commitment to customer service and community involvement. The society offers a range of core products, including home loans, savings accounts, and insurance services, distinguished by their personalised approach and member-centric benefits. With a strong market position, SBS Bank has achieved notable milestones, including recognition for its innovative financial products and community initiatives. Its dedication to fostering local growth and supporting its members sets it apart in the competitive banking landscape.

DitchCarbon Score

How does Southland Building Society'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.

26

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.

27

Industry Benchmark

Southland Building Society's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

48%

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Southland Building Society's reported carbon emissions

Southland Building Society, headquartered in New Zealand, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a result, Southland Building Society's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent company or corporate family. The organisation may need to establish clear climate strategies and targets to align with industry standards and enhance its sustainability profile.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Southland Building Society'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 Southland Building Society is in NZ, which has a very 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.

Southland Building Society 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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