Centra Bank, Inc. Sustainability Profile
Centra Bank, Inc., a prominent financial institution headquartered in the United States, has been serving its clients since its establishment in 2005. With a strong presence in key operational regions across the Midwest, Centra Bank is dedicated to providing a comprehensive range of banking services, including personal and business banking, loans, and investment solutions. Renowned for its customer-centric approach, Centra Bank distinguishes itself through innovative financial products tailored to meet the diverse needs of its clientele. The bank has achieved significant milestones, including recognition for its commitment to community development and financial literacy. As a trusted partner in the banking industry, Centra Bank continues to solidify its market position by prioritising customer satisfaction and fostering long-term relationships.
DitchCarbon Score
How does Centra Bank, 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
Centra Bank, Inc.'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.
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Centra Bank, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential area for development in their sustainability strategy. However, it is important to note that emissions data may be cascaded from their parent company, United Bank, at a cascade level of 2. This means that any relevant emissions figures or climate initiatives may be inherited from United Bank's sustainability efforts. As of now, there are no documented reduction targets or commitments from Centra Bank, Inc. itself. In the context of the banking industry, many institutions are increasingly adopting science-based targets and engaging in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability regarding their carbon footprints. Centra Bank, Inc. may benefit from aligning with such industry standards to bolster its climate commitments and improve its overall environmental impact.
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Access structured emissions data, company-specific emission factors, and source documents
| 2021 | |
|---|---|
| Scope 1 | 1,094,000 |
| Scope 2 | 1,604,000 |
| Scope 3 | 1,214,000 |
How Carbon Intensive is Centra Bank, Inc.'s Industry?
How Carbon Intensive is Centra Bank, Inc.'s Location?
Centra Bank, Inc.'s Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 31% of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Centra Bank, 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.
Centra Bank, 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.
