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Public Profile
Financial Intermediation
US
updated a month ago

Citizens Bank of Morgantown, Inc. Sustainability Profile

Company website

Citizens Bank of Morgantown, Inc., often referred to as Citizens Bank, is a prominent financial institution headquartered in Morgantown, West Virginia, serving the surrounding regions with a commitment to community banking. Established in 1934, the bank has a rich history of providing personalised banking solutions, evolving to meet the needs of its customers over the decades. Operating primarily in the banking industry, Citizens Bank offers a diverse range of core products and services, including personal and business banking, loans, and investment services. What sets Citizens Bank apart is its dedication to customer service and local engagement, fostering strong relationships within the communities it serves. With a solid market position, Citizens Bank continues to achieve notable milestones, reinforcing its reputation as a trusted financial partner in West Virginia.

DitchCarbon Score

How does Citizens Bank of Morgantown, 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.

23

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

Citizens Bank of Morgantown, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Citizens Bank of Morgantown, Inc.'s reported carbon emissions

Citizens Bank of Morgantown, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank has not established documented reduction targets or climate pledges, which suggests a lack of formal commitments to reduce its carbon footprint at this time. It is important to note that Citizens Bank of Morgantown, Inc. is a current subsidiary and may inherit emissions data and climate initiatives from its parent organisation. However, no specific cascading data or targets from a parent company have been provided. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting ambitious targets to reduce emissions across all scopes. As Citizens Bank of Morgantown, Inc. continues to develop its environmental strategy, it may consider aligning with industry standards and best practices to enhance its climate commitments in the future.

How Carbon Intensive is Citizens Bank of Morgantown, Inc.'s Industry?

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Citizens Bank of Morgantown, 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.

How Carbon Intensive is Citizens Bank of Morgantown, Inc.'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 Citizens Bank of Morgantown, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Citizens Bank of Morgantown, 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.

Citizens Bank of Morgantown, 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.

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 Citizens Bank of Morgantown, Inc.'s Emissions with Industry Peers

MVB Bank, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 24 days ago

Clear Mountain Bank, Inc.

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

United Bank Limited

PK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Centra Bank, Inc.

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

First Exchange Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

JPMorgan Chase Bank, National Association

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