CB Financial Services, Inc.
CB Financial Services, Inc., commonly referred to as CB Bank, is a prominent financial institution headquartered in the United States. Established in 1997, the company has made significant strides in the banking sector, particularly in the regions it serves, which include Pennsylvania and surrounding areas. Specialising in a range of financial services, CB Financial offers unique products such as personal and commercial banking, mortgage lending, and wealth management solutions. Their commitment to customer service and community engagement sets them apart in a competitive market. With a strong market position, CB Financial Services has achieved notable milestones, including consistent growth in assets and a reputation for reliability. The company continues to innovate, ensuring it meets the evolving needs of its clients while maintaining a focus on financial stability and community support.
DitchCarbon Score
How does CB Financial Services, 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
CB Financial Services, Inc.'s score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CB Financial Services, Inc.'s reported carbon emissions
In 2023, CB Financial Services, Inc. reported total carbon emissions of approximately 41,381,000 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This marks a reduction from 50,615,000 kg CO2e in 2022 and 39,642,000 kg CO2e in 2021, indicating a positive trend in their emissions management efforts. Despite these reductions, the company has not established specific science-based targets (SBTi) or documented reduction initiatives. There are no climate pledges or formal commitments to further reduce emissions outlined in their reports. The emissions data is not cascaded from a parent company, indicating that CB Financial Services, Inc. is independently reporting its performance. Overall, while the company has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate strategy and align it with industry standards.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
CB Financial Services, Inc. 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.
