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Public Profile
Financial Intermediation
US
updated 8 months ago

Andover Bancorp, Inc. Sustainability Profile

Company website

Andover Bancorp, Inc., commonly referred to as Andover Bank, is a prominent financial institution headquartered in the United States. Established in 1887, the bank has a rich history of serving communities primarily in the Andover region and surrounding areas. Operating within the banking industry, Andover Bancorp focuses on providing a range of financial services, including personal and commercial banking, mortgage lending, and investment solutions. What sets Andover Bank apart is its commitment to personalised customer service and community engagement, fostering long-term relationships with clients. The bank has achieved notable milestones, including consistent growth in assets and a strong market presence, making it a trusted choice for individuals and businesses alike. With a dedication to innovation and customer satisfaction, Andover Bancorp continues to solidify its position as a key player in the financial sector.

DitchCarbon Score

How does Andover Bancorp, 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.

29

Industry Benchmark

Andover Bancorp, Inc.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Andover Bancorp, Inc.'s reported carbon emissions

Andover Bancorp, 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 data suggests that Andover Bancorp, Inc. may not have established formal commitments to address carbon emissions or climate change initiatives at this time. As a result, the company does not inherit any emissions data from a parent or related organization, nor does it participate in recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP).

How Carbon Intensive is Andover Bancorp, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Andover Bancorp, 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.

How Carbon Intensive is Andover Bancorp, Inc.'s Location?

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 Andover Bancorp, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Andover Bancorp, Inc.'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.

Andover Bancorp, Inc. 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.

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

Compare Andover Bancorp, Inc.'s Emissions with Industry Peers

Redwood Financial, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 20 days ago

Mifflinburg Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

CF Bankshares Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Consumers Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

First Community Financial Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Northumberland Bancorp

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 27 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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