Bermuda Commercial Bank Limited (BCB) is a prominent financial institution headquartered in Bermuda (BM), specialising in providing a range of banking services tailored to both individual and corporate clients. Established in 1904, BCB has a rich history marked by significant milestones, including its evolution into a key player in the offshore banking sector. The bank operates primarily in Bermuda and offers unique products such as private banking, wealth management, and commercial lending. BCB distinguishes itself through personalised service and a deep understanding of the local market, catering to the diverse needs of its clientele. With a strong market position, Bermuda Commercial Bank Limited is recognised for its commitment to financial stability and customer satisfaction, making it a trusted choice in the competitive banking landscape.
How does Bermuda Commercial Bank Limited'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.
Bermuda Commercial Bank Limited's score of 20 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bermuda Commercial Bank Limited, headquartered in BM, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary and does not inherit emissions data from a parent organization. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science-Based Targets (SBTi) or other climate pledges. This lack of data suggests that Bermuda Commercial Bank Limited may still be in the early stages of developing a comprehensive climate strategy or reporting framework. As the financial sector increasingly prioritises sustainability, Bermuda Commercial Bank Limited may benefit from establishing clear emissions reduction targets and participating in industry-standard initiatives to enhance its climate commitments and transparency.
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.
Bermuda Commercial Bank Limited 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.
