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Financial Intermediation
US
updated 6 days ago

Centra Bank, Inc.

Company website

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.

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.

28

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.

43%

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Centra Bank, Inc.'s reported carbon emissions

Inherited from United Bank

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.

Unlock detailed emissions data

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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Centra Bank, 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.

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 Centra Bank, Inc. 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.

Centra Bank, 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.

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

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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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