Elmira Savings Bank Sustainability Profile
Elmira Savings Bank, officially known as Elmira Savings Bank, FSB, is a prominent financial institution headquartered in Elmira, New York, USA. Established in 1868, the bank has a rich history of serving the Southern Tier region and beyond, providing a range of banking services tailored to meet the needs of individuals and businesses. Operating primarily in the banking industry, Elmira Savings Bank offers core products such as savings accounts, mortgages, and commercial loans. What sets the bank apart is its commitment to personalised customer service and community involvement, fostering strong relationships with its clients. Over the years, Elmira Savings Bank has achieved notable milestones, solidifying its position as a trusted financial partner in the region. With a focus on innovation and customer satisfaction, the bank continues to thrive in a competitive market.
DitchCarbon Score
How does Elmira Savings 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
Elmira Savings Bank's score of 25 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Elmira Savings Bank's reported carbon emissions
Elmira Savings Bank currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank's emissions data is cascaded from its parent company, Community Financial System, Inc., at a level 2 relationship. This means that while Elmira Savings Bank does not report its own emissions, it may be influenced by the sustainability practices and emissions data of its parent organization. As of now, Elmira Savings Bank has not established any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. The absence of documented climate pledges or reduction initiatives suggests that the bank is still in the early stages of formalising its climate strategy. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction. Elmira Savings Bank's future commitments and actions in this area will be crucial for aligning with industry standards and addressing climate change effectively.
How Carbon Intensive is Elmira Savings Bank's Industry?
How Carbon Intensive is Elmira Savings Bank's Location?
Elmira Savings 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.
Elmira Savings 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.
