Bank of Marin Bancorp Sustainability Profile
Bank of Marin Bancorp, headquartered in the United States, is a prominent financial institution that has been serving the community since its founding in 1989. With a strong presence in the San Francisco Bay Area, particularly Marin County, the bank operates within the commercial banking industry, focusing on providing a range of financial services tailored to both personal and business clients. The bank offers unique products, including commercial loans, residential mortgages, and treasury management services, distinguished by their commitment to customer service and local expertise. Over the years, Bank of Marin has achieved significant milestones, including consistent growth in assets and a reputation for financial stability. As a trusted community bank, it has established a solid market position, recognised for its dedication to fostering local economic development and supporting small businesses.
DitchCarbon Score
How does Bank of Marin Bancorp'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
Bank of Marin Bancorp's score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank of Marin Bancorp's reported carbon emissions
Bank of Marin Bancorp, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. Consequently, there are no recorded Scope 1, 2, or 3 emissions to analyse. Additionally, the bank has not established any formal reduction targets or climate pledges, which limits the available information on their climate commitments. As of now, Bank of Marin Bancorp does not inherit emissions data from a parent company, nor does it participate in any recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of data and commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, it is increasingly important for financial institutions to set measurable climate goals and report emissions transparently to align with global sustainability efforts.
How Carbon Intensive is Bank of Marin Bancorp's Industry?
How Carbon Intensive is Bank of Marin Bancorp's Location?
Bank of Marin Bancorp'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.
Bank of Marin Bancorp 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.
