Berkshire Hills Bancorp, Inc.
Berkshire Hills Bancorp, Inc., commonly known as Berkshire Bank, is a prominent financial institution headquartered in the United States. Founded in 1846, the bank has established a strong presence in the New England and New York regions, offering a diverse range of banking and financial services.
Specialising in retail and commercial banking, wealth management, and insurance, Berkshire Bank distinguishes itself through its commitment to community engagement and customer-centric solutions. The bank has achieved significant milestones, including its expansion into new markets and the introduction of innovative digital banking services.
With a reputation for reliability and a focus on sustainable growth, Berkshire Hills Bancorp continues to solidify its position as a trusted partner for individuals and businesses alike, making it a key player in the regional banking landscape.
-12 vs industry average
Berkshire Hills Bancorp, Inc.’s score of 23 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Berkshire Hills Bancorp, Inc.'s reported carbon emissions
Berkshire Hills Bancorp, Inc., headquartered in the US, reported approximately 3.59 million kg CO2e in total emissions for 2022. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. The breakdown for 2022 included approximately 2.87 million kg CO2e for Scope 1, approximately 225,600 kg CO2e for Scope 2, and approximately 494,300 kg CO2e for Scope 3. In 2021, the company reported a total of approximately 3.45 million kg CO2e, with Scope 1 emissions at about 1.86 million kg CO2e, Scope 2 at approximately 1.18 million kg CO2e, and Scope 3 at around 404,400 kg CO2e. For 2023, while specific absolute emissions data was not provided, Berkshire Hills Bancorp, Inc. disclosed a GHG intensity of 0.0052 tonnes CO2e per US dollar of revenue. Currently, Berkshire Hills Bancorp, Inc.'s available data does not include specific absolute emissions figures for 2023, nor does it detail formal reduction targets or SBTi commitments. The company's climate commitments and emissions data are presented as originating from Berkshire Hills Bancorp, Inc. itself, with a cascade level of 2 and a relationship type of "merged_entity."
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Berkshire Hills Bancorp, Inc.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Berkshire Hills Bancorp, Inc. yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Berkshire Hills Bancorp, Inc.
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