Carter Bankshares, Inc., commonly known as Carter Bank, is a prominent financial institution headquartered in the United States. Founded in 1974, the bank has established a strong presence in Virginia and North Carolina, providing a range of banking services tailored to meet the needs of individuals and businesses alike. Specialising in personal and commercial banking, Carter Bank offers unique products such as customised loan solutions, competitive mortgage options, and comprehensive wealth management services. The bank's commitment to community engagement and customer service has positioned it as a trusted partner in the regions it serves. With a focus on innovation and customer satisfaction, Carter Bankshares has achieved notable milestones, reinforcing its reputation as a reliable financial institution in the competitive banking landscape.
How does Carter Bankshares, 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.
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.
Carter Bankshares, Inc.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Carter Bankshares, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that Carter Bankshares, Inc. may not yet have established a comprehensive framework for addressing its carbon footprint or climate impact. As the financial services industry increasingly prioritises sustainability, it is essential for organisations like Carter Bankshares, Inc. to consider developing and implementing strategies to measure and reduce their carbon emissions. This could involve setting science-based targets, participating in initiatives such as the Carbon Disclosure Project (CDP), or aligning with global climate commitments to enhance their environmental responsibility.
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.
Carter Bankshares, 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.
