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Financial Intermediation
US
updated 3 months ago

American National Bankshares Inc.

Company website

American National Bankshares Inc., commonly referred to as ANB, is a prominent financial institution headquartered in the United States. Established in 1909, the bank has a rich history of serving communities primarily in Virginia and North Carolina. Operating within the banking industry, ANB focuses on providing a comprehensive range of financial services, including commercial and retail banking, wealth management, and mortgage lending. What sets American National Bank apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. Over the years, the bank has achieved significant milestones, including consistent growth in assets and a solid reputation for financial stability. With a focus on innovation and customer satisfaction, American National Bankshares Inc. continues to solidify its position as a trusted partner in the financial landscape.

DitchCarbon Score

How does American National 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.

23

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.

28

Industry Benchmark

American National Bankshares Inc.'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.

30%

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American National Bankshares Inc.'s reported carbon emissions

American National Bankshares Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is classified as a merged entity, and any potential emissions data may be inherited from its corporate family, but no specific details are available regarding this. In terms of climate commitments, American National Bankshares Inc. has not established any documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi) or other recognised climate pledges. This lack of publicly available information suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, American National Bankshares Inc. may benefit from establishing clear emissions reduction goals and participating in industry-standard initiatives to enhance its environmental impact and transparency.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. American National Bankshares 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 American National Bankshares 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.

American National 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.

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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