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Public Profile
Financial Intermediation
US
updated a month ago

Bar Harbor Bankshares Sustainability Profile

Company website

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.

DitchCarbon Score

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.

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.

29

Industry Benchmark

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.

41%

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Bar Harbor Bankshares's reported carbon emissions

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.

How Carbon Intensive is Bar Harbor Bankshares's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bar Harbor Bankshares'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.

How Carbon Intensive is Bar Harbor Bankshares's Location?

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 Bankshares is in US, which has a low grid carbon intensity relative to other regions.

Bar Harbor Bankshares'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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Bar Harbor Bankshares's Emissions with Industry Peers

Regions Financial

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

SmartFinancial, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

Enterprise Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

First Business Financial Services, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Shore Bancshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Huntington Bancshares

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

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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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