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Public Profile
Financial Intermediation
US
updated 22 days ago

Carter Bankshares, Inc. Sustainability Profile

Company website

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.

DitchCarbon Score

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.

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.

29

Industry Benchmark

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.

41%

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Carter Bankshares, Inc.'s reported carbon emissions

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.

How Carbon Intensive is Carter Bankshares, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Carter Bankshares, Inc.'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.

How Carbon Intensive is Carter Bankshares, Inc.'s Location?

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

Carter Bankshares, 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.

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.

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

Compare Carter Bankshares, Inc.'s Emissions with Industry Peers

Guaranty Bancorp

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

MetroCity Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

M&T Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

River City Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

First Community Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

United Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

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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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