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Public Profile
Financial Intermediation
US
updated 8 months ago

Clear Mountain Bank, Inc. Sustainability Profile

Company website

Clear Mountain Bank, Inc., a prominent financial institution headquartered in the United States, has been serving communities since its establishment in 1888. With a strong presence in West Virginia and Virginia, the bank operates within the banking industry, focusing on personal and commercial banking services. Clear Mountain Bank offers a range of core products, including checking and savings accounts, loans, and mortgage services, distinguished by their commitment to customer service and community engagement. The bank has achieved notable milestones, including recognition for its financial stability and customer satisfaction, positioning itself as a trusted partner in the regions it serves. With a dedication to innovation and community support, Clear Mountain Bank continues to thrive in a competitive market.

DitchCarbon Score

How does Clear Mountain 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.

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

Clear Mountain Bank, Inc.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Clear Mountain Bank, Inc.'s reported carbon emissions

Inherited from State Bancorp, Inc.

Clear Mountain Bank, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank is classified as a current subsidiary and does not inherit emissions data from a parent organisation. Consequently, there are no documented reduction targets or climate pledges associated with its operations. As a current subsidiary, Clear Mountain Bank, Inc. may be influenced by broader industry standards and practices regarding climate commitments, but specific initiatives or targets have not been disclosed. The lack of emissions data and reduction initiatives suggests that the bank has yet to establish a formalised approach to carbon management or climate action. In summary, while Clear Mountain Bank, Inc. is positioned within an industry increasingly focused on sustainability, it currently lacks specific emissions data and defined climate commitments.

How Carbon Intensive is Clear Mountain Bank, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Clear Mountain 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.

How Carbon Intensive is Clear Mountain Bank, 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 Clear Mountain Bank, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Clear Mountain 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.

Clear Mountain 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.

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 Clear Mountain Bank, Inc.'s Emissions with Industry Peers

Somerset Trust Company

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

Freedom Bank, Inc.

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

Citizens Bank of Morgantown, Inc.

US
•
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

JPMorgan Chase Bank, National Association

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

Manufacturers and Traders Trust Company

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