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Financial Intermediation
US
updated 6 months ago

BlueRidge Bank

Company website

BlueRidge Bank, officially known as BlueRidge Bank, N.A., is a prominent financial institution headquartered in the United States. Established in 1893, the bank has evolved significantly, expanding its operations across key regions, including Virginia and North Carolina. As a member of the banking industry, BlueRidge Bank focuses on providing a diverse range of services, including personal and business banking, loans, and investment solutions. What sets BlueRidge Bank apart is its commitment to community engagement and customer-centric service, fostering strong relationships with clients. The bank has achieved notable milestones, including recognition for its innovative digital banking solutions. With a solid market position, BlueRidge Bank continues to be a trusted partner for individuals and businesses seeking reliable financial services tailored to their needs.

DitchCarbon Score

How does BlueRidge 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.

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.

28

Industry Benchmark

BlueRidge Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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BlueRidge Bank's reported carbon emissions

BlueRidge Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. It is important to note that BlueRidge Bank's emissions data is cascaded from its parent company, Sandy Spring Bank, at a level 2 relationship. This means that while BlueRidge Bank does not report its own emissions, it may be influenced by the sustainability practices and targets set by Sandy Spring Bank. As of now, BlueRidge Bank has not established specific science-based targets or commitments to reduce emissions, which are critical for aligning with industry standards and addressing climate change effectively. The lack of reported emissions and reduction initiatives highlights an area for potential growth in their environmental strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BlueRidge Bank'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.

Location emissions intensity

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

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.

BlueRidge Bank is not participating in any of the initiatives that 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.

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

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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