Eastern Bank Sustainability Profile
Eastern Bank, officially known as Eastern Bank Corporation, is a prominent financial institution headquartered in the United States, specifically in Boston, Massachusetts. Established in 1818, it has a rich history of serving the New England region, particularly Massachusetts and New Hampshire. As a leading player in the banking industry, Eastern Bank offers a comprehensive range of services, including personal banking, commercial banking, and wealth management. What sets Eastern Bank apart is its commitment to community engagement and customer-centric solutions, making it a trusted choice for individuals and businesses alike. With a strong market position, Eastern Bank has consistently been recognised for its financial stability and innovative products, earning accolades for its customer service and community involvement. As it continues to grow, Eastern Bank remains dedicated to fostering financial well-being in the communities it serves.
DitchCarbon Score
How does Eastern 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
Eastern Bank's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eastern Bank's reported carbon emissions
Eastern Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3 emissions, nor are there any documented reduction targets or achievements. Despite the lack of specific emissions data, Eastern Bank is committed to addressing climate change through various initiatives. However, details regarding specific climate pledges or reduction targets are not provided. The bank's climate commitments may align with broader industry standards, but without concrete data, it is challenging to assess their impact or effectiveness. As of now, Eastern Bank does not inherit emissions data from any parent or related organization, ensuring that their climate strategy is developed independently. Further information on their climate initiatives or future commitments would be beneficial to understand their role in combating climate change.
How Carbon Intensive is Eastern Bank's Industry?
How Carbon Intensive is Eastern Bank's Location?
Eastern 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.
Eastern 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.
