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Public Profile
Financial Intermediation
US
updated 2 months ago

Chemung Financial Corporation Sustainability Profile

Company website

Chemung Financial Corporation, headquartered in the United States, is a prominent player in the financial services industry, primarily operating in New York and Pennsylvania. Founded in 1833, the corporation has a rich history marked by significant milestones, including the establishment of Chemung Canal Trust Company, which serves as its flagship banking institution. The company offers a diverse range of financial products and services, including personal and commercial banking, wealth management, and investment services. What sets Chemung Financial apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. With a solid market position, Chemung Financial Corporation has consistently demonstrated resilience and adaptability, earning recognition for its stability and customer-centric approach in an ever-evolving financial landscape.

DitchCarbon Score

How does Chemung Financial Corporation'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

Chemung Financial Corporation's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Chemung Financial Corporation's reported carbon emissions

Chemung Financial Corporation, 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 corporation. As of now, Chemung Financial Corporation does not inherit emissions data from any parent or related organizations, meaning all information is self-reported and reflects their current status in climate commitments. Without specific emissions data or reduction initiatives, it is unclear how the corporation is addressing climate change or its carbon footprint. In the context of the financial industry, many organisations are increasingly adopting science-based targets and sustainability initiatives. However, Chemung Financial Corporation has yet to establish or disclose such commitments.

How Carbon Intensive is Chemung Financial Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chemung Financial Corporation'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 Chemung Financial Corporation'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 Chemung Financial Corporation is in US, which has a low grid carbon intensity relative to other regions.

Chemung Financial Corporation'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.

Chemung Financial Corporation 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 Chemung Financial Corporation's Emissions with Industry Peers

Southern First Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Keybank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

South State Bank

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

MidSouth Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Suffolk Bancorp

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

Guaranty Bancshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 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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