Cambridge Bancorp Sustainability Profile
Cambridge Bancorp, a prominent financial institution headquartered in the United States, has been serving clients since its founding in 1890. With a strong presence in the New England region, particularly Massachusetts, the bank operates within the banking and financial services industry, offering a range of products tailored to meet the needs of both individuals and businesses. The core services of Cambridge Bancorp include commercial banking, wealth management, and personal banking solutions, distinguished by their commitment to personalised service and community engagement. Over the years, the bank has achieved significant milestones, solidifying its market position as a trusted partner in financial growth. With a focus on innovation and customer satisfaction, Cambridge Bancorp continues to uphold its reputation as a leader in the financial sector.
DitchCarbon Score
How does Cambridge Bancorp'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
Cambridge Bancorp's score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cambridge Bancorp's reported carbon emissions
Cambridge Bancorp, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation is a merged entity, and emissions data may be inherited from its corporate family, specifically from Eastern Bankshares, Inc. However, no specific figures or reduction targets have been disclosed. Despite the absence of detailed emissions data, Cambridge Bancorp is committed to addressing climate change through various initiatives. The organisation has not specified any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. As part of its climate strategy, Cambridge Bancorp may align with industry standards and best practices, but specific commitments or achievements in emissions reduction have not been documented. The lack of available data highlights the need for transparency and accountability in corporate climate commitments, particularly in the financial sector.
How Carbon Intensive is Cambridge Bancorp's Industry?
How Carbon Intensive is Cambridge Bancorp's Location?
Cambridge Bancorp'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.
Cambridge Bancorp 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.
