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Financial Intermediation
US
updated 19 days ago

Bar Harbor Bank and Trust Company

Company website

Bar Harbor Bank and Trust Company, often referred to as Bar Harbor Bank, is a prominent financial institution headquartered in the United States. Established in 1887, the bank has a rich history of serving communities across Maine and New Hampshire, focusing on personal and commercial banking solutions. Specialising in a range of services, including retail banking, wealth management, and commercial lending, Bar Harbor Bank distinguishes itself through its commitment to customer service and community involvement. The bank has achieved notable milestones, such as expanding its branch network and enhancing digital banking capabilities, solidifying its position as a trusted financial partner. With a strong market presence, Bar Harbor Bank and Trust Company continues to prioritise innovation and customer satisfaction, making it a key player in the regional banking industry.

DitchCarbon Score

How does Bar Harbor Bank and Trust Company'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.

25

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.

30

Industry Benchmark

Bar Harbor Bank and Trust Company's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

41%

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Bar Harbor Bank and Trust Company's reported carbon emissions

Bar Harbor Bank and Trust Company, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Bar Harbor Bankshares, which may influence its climate commitments and emissions reporting. As of now, Bar Harbor Bank and Trust Company has not established any documented reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of specific emissions data and reduction commitments suggests that the bank is still in the early stages of formalising its climate strategy. Given the absence of direct emissions figures, it is important to note that the bank's climate commitments may be influenced by broader industry trends and the sustainability goals of its parent company. As the financial sector increasingly prioritises environmental responsibility, Bar Harbor Bank and Trust Company may look to align its practices with industry standards in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bar Harbor Bank and Trust Company'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 Bar Harbor Bank and Trust Company 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.

Bar Harbor Bank and Trust Company 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

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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