Berkshire Bank
Berkshire Bank, officially known as Berkshire Bank – A Division of Berkshire Hills Bancorp, Inc., is a prominent financial institution headquartered in the United States. Established in 1846, the bank has evolved significantly, expanding its operations across key regions in New England and New York. Operating within the banking and financial services industry, Berkshire Bank offers a diverse range of products, including personal and business banking, wealth management, and mortgage services. What sets Berkshire Bank apart is its commitment to community engagement and customer-centric solutions, fostering strong relationships with clients. With a reputation for innovation and service excellence, Berkshire Bank has achieved notable milestones, positioning itself as a trusted partner in financial growth. Its dedication to sustainability and social responsibility further enhances its standing in the competitive banking landscape.
DitchCarbon Score
How does Berkshire Bank'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
Berkshire Bank's score of 19 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Berkshire Bank's reported carbon emissions
In 2023, Berkshire Bank reported total carbon emissions of approximately 2,142,900 kg CO2e. This figure includes 1,989,800 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 153,100 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the value chain. Notably, there were no reported Scope 2 emissions for this year. Comparing this to previous years, emissions in 2022 were about 3,589,100 kg CO2e, with Scope 1 at 2,869,200 kg CO2e, Scope 2 at 225,600 kg CO2e, and Scope 3 at 494,300 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023, reflecting a decrease of approximately 1,446,200 kg CO2e. Berkshire Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the substantial decrease in emissions from 2022 to 2023 suggests a commitment to improving their carbon footprint. The bank's ongoing efforts to manage and reduce emissions across all scopes will be crucial in addressing climate change and enhancing sustainability practices.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,900,500 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 842,100 | 0,000,000 | 000,000 | - |
| Scope 3 | 381,500 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
Berkshire Bank 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.
