Farmers Bankshares, Inc. Sustainability Profile
Farmers Bankshares, Inc., a prominent player in the financial services industry, is headquartered in the United States. Established in 1900, the company has a rich history of serving communities across various operational regions, primarily focusing on the Mid-Atlantic and Southeastern United States. Specialising in banking and financial solutions, Farmers Bankshares offers a range of core products, including personal and commercial banking services, loans, and investment options. What sets them apart is their commitment to personalised customer service and community engagement, fostering long-term relationships with clients. With a strong market position, Farmers Bankshares has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and community support continues to solidify their standing as a trusted financial partner.
DitchCarbon Score
How does Farmers Bankshares, 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 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
Farmers Bankshares, Inc.'s score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Farmers Bankshares, Inc.'s reported carbon emissions
Farmers Bankshares, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a merged entity and inherits emissions data from its parent organisation, TowneBank, at a cascade level of 1. However, no specific emissions figures or reduction targets have been provided. As part of its climate commitments, Farmers Bankshares, Inc. does not have documented reduction initiatives or Science-Based Targets Initiative (SBTi) targets. The absence of specific climate pledges or reduction targets indicates a potential area for future development in their sustainability strategy. In the context of the banking industry, many institutions are increasingly focusing on carbon neutrality and sustainability, which may influence Farmers Bankshares, Inc. to adopt similar commitments in the future.
How Carbon Intensive is Farmers Bankshares, Inc.'s Industry?
How Carbon Intensive is Farmers Bankshares, Inc.'s Location?
Farmers Bankshares, 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.
Farmers Bankshares, 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.
