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.

26

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 26 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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 826,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 109,092 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 442,784,150 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including 237,000 kg CO2e attributed to purchased goods and services. Currently, Bankwell Financial Group has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in addressing their carbon footprint. As the financial sector increasingly prioritises sustainability, the company may consider establishing measurable goals to enhance its climate strategy and align with industry standards.

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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. Bankwell Financial Group, Inc. is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

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 committed to any reduction initiatives 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

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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