Public Profile

Bankwell Financial Group, Inc.

Bankwell Financial Group, Inc., headquartered in the United States, is a prominent player in the banking and financial services industry. Founded in 2002, the company has established a strong presence in Connecticut and surrounding regions, focusing on delivering personalised banking solutions to both individuals and businesses. Bankwell offers a diverse range of core products and services, including commercial and residential lending, treasury management, and personal banking solutions. What sets Bankwell apart is its commitment to community engagement and customer-centric service, fostering long-term relationships with clients. With a reputation for reliability and innovation, Bankwell Financial Group has achieved significant milestones, positioning itself as a trusted financial partner in the marketplace. Its dedication to excellence and community involvement continues to drive its growth and success in the competitive financial landscape.

DitchCarbon Score

How does Bankwell Financial Group, 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.

28

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.

26

Industry Benchmark

Bankwell Financial Group, Inc.'s score of 28 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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Bankwell Financial Group, Inc.'s reported carbon emissions

In 2023, Bankwell Financial Group, Inc. reported total carbon emissions of approximately 443,610,250 kg CO2e. This figure includes emissions across all three scopes: Scope 1 emissions were about 826,000 kg CO2e, while Scope 2 emissions totalled approximately 109,092 kg CO2e. The most significant contributor to their carbon footprint was Scope 3 emissions, which accounted for about 442,784,150 kg CO2e, primarily from purchased goods and services, estimated at 237,000 kg CO2e. Currently, Bankwell Financial Group has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon emissions. As such, their climate commitments remain unclear within the context of industry standards. The absence of defined reduction strategies highlights a potential area for improvement in their environmental sustainability efforts.

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2023
Scope 1
826,000
Scope 2
109,092
Scope 3
442,784,150

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bankwell Financial Group, 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 Bankwell Financial Group, 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.

Bankwell Financial Group, 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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Where does DitchCarbon data come from?

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