Bar Harbor Bankshares, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1887. With a strong presence in Maine and New Hampshire, the bank operates primarily in the banking and financial services industry, offering a range of products tailored to meet the needs of individuals and businesses alike. The bank's core services include personal and commercial banking, investment management, and mortgage lending, distinguished by a commitment to customer service and community engagement. Bar Harbor Bankshares has achieved notable milestones, including consistent growth and recognition for its financial stability, positioning it as a trusted partner in the regions it serves. With a focus on local relationships and a deep understanding of its markets, Bar Harbor Bankshares continues to thrive in a competitive landscape.
How does Bar Harbor Bankshares'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.
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.
Bar Harbor Bankshares'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.
Bar Harbor Bankshares currently does not have available carbon emissions data, as indicated by the absence of specific figures for kg CO2e. Consequently, there are no reported emissions across Scope 1, 2, or 3. Additionally, the bank has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi). As there is no emissions data or climate commitments available, it is unclear how Bar Harbor Bankshares is addressing its carbon footprint or contributing to climate action. The lack of information suggests that the bank may still be in the early stages of developing a comprehensive sustainability strategy.
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 Bankshares 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.
