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Public Profile
Financial Intermediation
US
updated 6 months ago

Shore Bancshares, Inc.

Company website

Shore Bancshares, Inc., a prominent financial services holding company, is headquartered in the United States, specifically in Easton, Maryland. Founded in 1996, the company has established itself as a key player in the banking industry, primarily serving the Mid-Atlantic region. Shore Bancshares operates through its subsidiaries, including Shore United Bank, offering a range of financial products and services such as personal and commercial banking, wealth management, and mortgage solutions. What sets Shore Bancshares apart is its commitment to community-focused banking, emphasising personalised service and local engagement. Over the years, the company has achieved significant milestones, including strategic acquisitions that have expanded its market presence. With a strong reputation for reliability and customer satisfaction, Shore Bancshares continues to solidify its position as a trusted financial partner in the region.

DitchCarbon Score

How does Shore Bancshares, 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.

25

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

Shore Bancshares, Inc.'s score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

45%

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Shore Bancshares, Inc.'s reported carbon emissions

Shore Bancshares, Inc., headquartered in the US, 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 company. This lack of emissions data and formal commitments suggests that Shore Bancshares, Inc. may be in the early stages of developing a comprehensive climate strategy. As the financial services industry increasingly prioritises sustainability, Shore Bancshares, Inc. may benefit from establishing clear climate commitments and reduction targets to align with industry standards and stakeholder expectations. Without specific emissions data or targets, the company has an opportunity to enhance its environmental responsibility and transparency in future reporting.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shore Bancshares, Inc.'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 Shore Bancshares, Inc. is in US, which has a 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.

Shore Bancshares, 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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