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Services Auxiliary to Financial Intermediation
US
updated 7 months ago

Danvers Bancorp, Inc.

Company website

Danvers Bancorp, Inc., a prominent financial institution headquartered in the United States, has been serving its community since its founding in 1850. With a strong presence in the New England region, particularly Massachusetts, the company operates primarily in the banking industry, offering a range of financial services tailored to meet the needs of individuals and businesses alike. Specialising in retail banking, commercial lending, and mortgage services, Danvers Bancorp distinguishes itself through its commitment to customer service and community engagement. The bank has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. As a trusted provider of banking solutions, Danvers Bancorp, Inc. continues to solidify its market position, making it a key player in the regional financial landscape.

DitchCarbon Score

How does Danvers 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.

42

Industry Average

Mean score of companies in the Services Auxiliary to 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

Danvers Bancorp, Inc.'s score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Danvers Bancorp, Inc.'s reported carbon emissions

Inherited from M&T Bank Corporation

Danvers Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is part of a corporate family that includes M&T Bank Corporation, from which it inherits emissions data and climate commitments. However, no specific emissions figures or reduction targets have been disclosed. As a merged entity, Danvers Bancorp, Inc. aligns its climate initiatives with those of M&T Bank Corporation, which may include industry-standard practices and commitments to sustainability. Unfortunately, there are no documented reduction targets or climate pledges available for Danvers Bancorp, Inc. at this time. In the context of the banking industry, many institutions are increasingly focusing on reducing their carbon footprints and committing to science-based targets. While Danvers Bancorp, Inc. has not yet published specific initiatives or targets, it is essential for financial institutions to engage in climate action to mitigate environmental impacts and support sustainable development.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
35,166,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
29,992,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
3,345,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Danvers Bancorp, Inc.'s primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Danvers Bancorp, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Danvers Bancorp, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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