1st Source Bank Sustainability Profile
1st Source Bank, a prominent financial institution headquartered in the United States, has been serving clients since its founding in 1863. With a strong presence in Indiana and Michigan, the bank operates within the banking and financial services industry, offering a diverse range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, 1st Source Bank distinguishes itself through its commitment to customer service and community involvement. The bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. As a trusted partner in financial growth, 1st Source Bank continues to solidify its market position, providing innovative solutions that empower clients to achieve their financial goals.
DitchCarbon Score
How does 1st Source 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 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
1st Source Bank's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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1st Source Bank's reported carbon emissions
1st Source Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank has not established documented reduction targets or climate pledges, which suggests a limited public commitment to addressing climate change at this time. As a current subsidiary, 1st Source Bank's climate initiatives and emissions data may be influenced by its corporate family relationships. However, no specific initiatives or targets have been cascaded from a parent organisation. This lack of data and commitments places 1st Source Bank in a context where it may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
How Carbon Intensive is 1st Source Bank's Industry?
How Carbon Intensive is 1st Source Bank's Location?
1st Source 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.
1st Source 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.
