Danvers Bancorp, Inc. Sustainability Profile
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.
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.
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.
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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.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 35,166,000 | 00,000,000 | 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 | 00,000,000 |
| Scope 3 | 3,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - |
How Carbon Intensive is Danvers Bancorp, Inc.'s Industry?
How Carbon Intensive is Danvers Bancorp, Inc.'s Location?
Danvers Bancorp, Inc.'s Scope 3 Categories Breakdown
Danvers Bancorp, Inc.'s Scope 3 emissions, which decreased by 31% last year and decreased by approximately 61% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 3% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Danvers Bancorp, 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.
Danvers Bancorp, 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.
