Bankwell Financial Group, Inc. Sustainability Profile
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.
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
Bankwell Financial Group, Inc.'s score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bankwell Financial Group, Inc.'s reported carbon emissions
In 2024, Bankwell Financial Group, Inc. reported total carbon emissions of approximately 19,326,000 kg CO2e. This figure includes 520,000 kg CO2e from Scope 1 emissions and about 18,806,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity. In 2023, the company’s emissions were about 22,270,000 kg CO2e, with Scope 1 emissions at 559,000 kg CO2e and Scope 2 emissions at approximately 21,711,000 kg CO2e. The 2022 emissions were similar, totalling around 22,121,000 kg CO2e, with Scope 1 at 718,000 kg CO2e and Scope 2 at about 21,403,000 kg CO2e. Despite these figures, Bankwell Financial Group has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that these figures are solely representative of Bankwell Financial Group's own operations. Overall, while Bankwell Financial Group, Inc. has made strides in tracking its emissions, it currently lacks formal commitments to reduce its carbon footprint in the coming years.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 718,000 | 000,000 | 000,000 |
| Scope 2 | 21,403,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Bankwell Financial Group, Inc.'s Industry?
How Carbon Intensive is Bankwell Financial Group, Inc.'s Location?
Bankwell Financial Group, 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.
Bankwell Financial Group, 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.
