Damascus Community Bank Sustainability Profile
Damascus Community Bank, headquartered in the United States, is a prominent player in the banking industry, primarily serving the needs of local communities. Founded in 2005, the bank has established itself as a trusted financial institution, focusing on personal and business banking solutions. With a commitment to customer service, Damascus Community Bank offers a range of core products, including savings accounts, loans, and investment services, all designed to meet the unique needs of its clientele. The bank's emphasis on community engagement and financial education sets it apart in a competitive market. Recognised for its dedication to fostering economic growth, Damascus Community Bank has achieved notable milestones, including awards for customer satisfaction and community involvement. Its strategic focus on localised banking solutions positions it as a leader in the regions it serves.
DitchCarbon Score
How does Damascus Community Bank'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
Damascus Community Bank'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.
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Damascus Community Bank's reported carbon emissions
Damascus Community Bank, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no established reduction targets or climate pledges noted. It is important to highlight that Damascus Community Bank's emissions data may be cascaded from its corporate family, specifically from Wesbanco Bank, Inc., at a cascade level of 2. However, the specific emissions figures from this source are not provided. As a merged entity, Damascus Community Bank may align its climate strategies with broader industry standards, but without concrete data or targets, the bank's current climate impact remains unclear. The absence of specific emissions data and reduction initiatives suggests a need for further transparency and commitment to climate action within the banking sector.
How Carbon Intensive is Damascus Community Bank's Industry?
How Carbon Intensive is Damascus Community Bank's Location?
Damascus Community Bank'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.
Damascus Community Bank 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.
