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Financial Intermediation
US
updated a month ago

Carter Bank & Trust

Company website

Carter Bank & Trust, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1974. With a strong presence in Virginia and North Carolina, the bank operates within the banking and financial services industry, offering a range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal and commercial banking, Carter Bank & Trust provides unique services such as customised loan solutions and competitive savings options. The bank's commitment to customer service and community engagement has solidified its reputation as a trusted financial partner. Notable achievements include consistent growth and a robust market position, reflecting its dedication to fostering financial well-being in the regions it serves.

DitchCarbon Score

How does Carter Bank & Trust'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.

30

Industry Benchmark

Carter Bank & Trust'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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Carter Bank & Trust's reported carbon emissions

Carter Bank & Trust, 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 is a current subsidiary of Carter Bankshares, Inc., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, Carter Bank & Trust is part of a corporate family that may have broader sustainability initiatives. However, there are no documented reduction targets or climate pledges from the bank itself, nor are there any specific initiatives reported under the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) at this time. As a financial institution, Carter Bank & Trust is positioned within an industry increasingly focused on sustainability and climate action. While specific emissions figures and reduction commitments are not available, the bank's alignment with its parent company may suggest a potential for future climate initiatives and reporting.

Industry emissions intensity

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

Carter Bank & Trust 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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