Berkshire Hills Bancorp, Inc.
Berkshire Hills Bancorp, Inc., commonly known as Berkshire Bank, is a prominent player in the financial intermediation services sector, headquartered in the United States. Founded in 1846, the bank has established a strong presence in the New England region, particularly in Massachusetts and New York, offering a diverse range of financial products and services.
Specialising in retail and commercial banking, Berkshire Bank provides unique offerings such as personalised banking solutions, wealth management, and mortgage services. The bank is recognised for its commitment to community engagement and sustainable practices, setting it apart in a competitive market. With a focus on customer-centric service and innovative financial solutions, Berkshire Hills Bancorp has achieved notable milestones, solidifying its position as a trusted financial partner in the region.
-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., an organisation in the financial intermediation services sector based in the US, reported approximately 3.59 million kg CO2e in total emissions for the year 2022. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2022, their breakdown of emissions was as follows: * Scope 1 emissions: approximately 2.87 million kg CO2e * Scope 2 emissions: approximately 225,600 kg CO2e * Scope 3 emissions: approximately 494,300 kg CO2e For the year 2021, Berkshire Hills Bancorp, Inc. reported total emissions of approximately 3.45 million kg CO2e. This included: * Scope 1 emissions: approximately 1.86 million kg CO2e * Scope 2 emissions: approximately 1.18 million kg CO2e * Scope 3 emissions: approximately 404,400 kg CO2e The organisation's sustainability report for 2023 indicates a greenhouse gas intensity of 0.0052 tonnes of CO2e per US dollar of revenue, though specific absolute emissions data for 2023 is not provided. Berkshire Hills Bancorp, Inc.'s emissions data is cascaded from itself, indicating direct reporting without inheritance from a higher corporate entity. The organisation does not currently have publicly disclosed reduction targets or commitments from initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge.
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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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