Eastern Bank Corporation, headquartered in the United States, is a prominent player in the banking and financial services industry. Founded in 1818, it has established a strong presence in New England, particularly in Massachusetts, where it serves a diverse clientele. The bank offers a comprehensive range of services, including personal and business banking, wealth management, and mortgage solutions, distinguished by its commitment to customer service and community engagement. Eastern Bank is recognised for its innovative approach to banking, consistently adapting to meet the evolving needs of its customers. With a rich history spanning over two centuries, Eastern Bank Corporation has achieved notable milestones, including being one of the largest and oldest mutual banks in the region. Its dedication to social responsibility and sustainable practices further solidifies its market position as a trusted financial partner.
How does Eastern Bank Corporation'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.
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.
Eastern Bank Corporation's score of 3 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Eastern Bank Corporation currently does not have publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or commitments outlined in their climate initiatives. Without specific emissions figures or reduction goals, it is challenging to assess their carbon footprint or climate strategy comprehensively. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting science-based targets to reduce their carbon emissions across all scopes. However, without concrete data or commitments from Eastern Bank Corporation, it remains unclear how they align with these industry standards. As the climate crisis intensifies, it is essential for financial institutions to establish clear emissions reduction strategies and transparency in reporting to contribute effectively to global climate goals.
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.
Eastern Bank Corporation is not committed to any reduction initiatives 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.