Altabancorp Sustainability Profile
Altabancorp, also known as Altabank, is a prominent financial institution headquartered in the United States, primarily serving the regions of Utah and Idaho. Founded in 1993, the company has established itself within the banking industry, focusing on community banking and providing a range of financial services tailored to individual and business needs. Altabancorp offers unique products such as personal and commercial loans, mortgage services, and wealth management solutions, all designed to foster financial growth and stability. With a commitment to customer service and community engagement, Altabank has garnered a strong market position, recognised for its innovative approach and dedication to local economies. As a trusted partner in financial services, Altabancorp continues to evolve, meeting the diverse needs of its clientele while maintaining a strong presence in the competitive banking landscape.
DitchCarbon Score
How does Altabancorp'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
Altabancorp's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Altabancorp's reported carbon emissions
Altabancorp, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting its climate commitments and data from Glacier Bancorp, Inc. at a cascade level of 1. While there are no documented reduction targets or specific climate pledges from Altabancorp, the broader context of its parent organisation may provide insights into its climate strategy. As part of the Glacier Bancorp, Inc. corporate family, Altabancorp may align with industry standards and initiatives aimed at reducing carbon emissions, although specific details are not provided. In summary, Altabancorp's current climate commitments and emissions data remain unspecified, reflecting a need for further transparency and reporting in line with industry practices.
How Carbon Intensive is Altabancorp's Industry?
How Carbon Intensive is Altabancorp's Location?
Altabancorp'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.
Altabancorp 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.
