BSB Bancorp, Inc. Sustainability Profile
BSB Bancorp, Inc., commonly referred to as BSB, is a prominent financial institution headquartered in the United States. Established in 1854, the company has a rich history of serving communities primarily in the New England region. Operating within the banking industry, BSB Bancorp focuses on providing a range of financial services, including personal and commercial banking, mortgage lending, and wealth management. What sets BSB apart is its commitment to customer-centric solutions, offering tailored products that meet the diverse needs of its clientele. With a strong market position, BSB Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for exceptional customer service. As a trusted partner in financial well-being, BSB continues to innovate and adapt in an ever-evolving financial landscape.
DitchCarbon Score
How does BSB Bancorp, Inc.'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
BSB Bancorp, Inc.'s score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BSB Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation's climate commitments and reduction initiatives are also not detailed, indicating a lack of publicly stated targets or pledges at this time. However, it is important to note that BSB Bancorp, Inc. inherits emissions data from its parent company, M&T Bank Corporation, at a cascade level of 2. This means that any climate-related performance metrics or targets may be influenced by M&T Bank Corporation's sustainability initiatives. As of now, there are no specific reduction targets or achievements reported for BSB Bancorp, Inc. itself. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies. BSB Bancorp, Inc. may align with broader industry trends, but specific commitments or data are currently unavailable.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 35,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 29,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is BSB Bancorp, Inc.'s Industry?
How Carbon Intensive is BSB Bancorp, Inc.'s Location?
BSB Bancorp, Inc.'s Scope 3 Categories Breakdown
BSB Bancorp, Inc.'s Scope 3 emissions, which increased by 60% last year and increased by approximately 125% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 12% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
BSB Bancorp, Inc.'s Climate Goals (2030 & 2050)
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.
BSB Bancorp, Inc. 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.
