Bar Harbor Bank and Trust Company Sustainability Profile
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.
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
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.
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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.
How Carbon Intensive is Bar Harbor Bank and Trust Company's Industry?
How Carbon Intensive is Bar Harbor Bank and Trust Company's Location?
Bar Harbor Bank and Trust Company'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.
Bar Harbor Bank and Trust Company 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.
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