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 23 is higher than 71% 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 no specific figures have been provided. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3. Additionally, the bank has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. Bar Harbor Bankshares may be engaging in industry-standard practices to address climate change, but without concrete information, their specific commitments and initiatives remain unclear.
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 Bankshares 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.