United Bankshares, Inc.
United Bankshares, Inc., often referred to as UBSI, is a prominent financial institution headquartered in the United States. Established in 1982, the company has grown significantly, primarily serving the Mid-Atlantic and Southeastern regions. As a leading bank holding company, United Bankshares operates within the banking industry, offering a comprehensive range of services including commercial banking, mortgage banking, and wealth management. The firm is recognised for its commitment to customer service and community engagement, distinguishing itself through tailored financial solutions and a strong local presence. With a robust market position, United Bankshares has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Its core offerings are designed to meet the diverse needs of individuals and businesses, making it a trusted partner in the financial landscape.
DitchCarbon Score
How does United 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.
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
United Bankshares, Inc.'s score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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United Bankshares, Inc.'s reported carbon emissions
In 2022, United Bankshares, Inc. reported total carbon emissions of approximately 12,161,000 kg CO2e, comprising 2,838,000 kg CO2e from Scope 1 emissions and 10,123,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, United Bankshares, Inc. has not established specific reduction targets or initiatives as part of their climate commitments. There are no reported climate pledges or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is not cascaded from any parent or related organization, indicating that these figures are solely attributed to United Bankshares, Inc. itself. As the financial services industry increasingly focuses on sustainability, the absence of reduction targets may position the company in a challenging context as stakeholders demand greater accountability in climate action.
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| 2022 | |
|---|---|
| Scope 1 | 2,838,000 |
| Scope 2 | 10,123,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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.
United 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.
