Century Bancorp, Inc. Sustainability Profile
Century Bancorp, Inc., commonly known as Century Bank, is a prominent financial institution headquartered in the United States, with a strong presence in the New England region. Founded in 1969, the bank has established itself within the banking industry, focusing on commercial banking, residential mortgages, and wealth management services. Century Bank is distinguished by its commitment to personalised customer service and innovative financial solutions tailored to meet the diverse needs of its clients. The bank's core offerings include business loans, personal banking, and investment services, all designed to foster financial growth and stability. With a reputation for reliability and community engagement, Century Bancorp has achieved significant milestones, positioning itself as a trusted partner for individuals and businesses alike. Its dedication to excellence has earned it a notable standing in the competitive banking landscape.
DitchCarbon Score
How does Century Bancorp, 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
Century Bancorp, Inc.'s score of 37 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Century Bancorp, Inc.'s reported carbon emissions
Century Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is identified as a merged entity, inheriting emissions data and performance metrics from its parent organisation, Eastern Bankshares, Inc. However, no specific emissions figures or reduction targets have been disclosed. As part of its climate commitments, Century Bancorp, Inc. does not appear to have established Science-Based Targets Initiative (SBTi) reduction targets or specific climate pledges. The lack of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. In the broader context of the financial services industry, many organisations are increasingly focusing on sustainability and carbon reduction. Century Bancorp, Inc. may benefit from aligning its future initiatives with industry standards and best practices to enhance its environmental impact and transparency.
How Carbon Intensive is Century Bancorp, Inc.'s Industry?
How Carbon Intensive is Century Bancorp, Inc.'s Location?
Century Bancorp, 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.
Century Bancorp, 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.
