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Financial Intermediation
US
updated 10 days ago

Farmers & Mechanics Bank

Company website

Farmers & Mechanics Bank, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1900. With a strong presence in key operational regions, the bank focuses on providing personalised banking solutions tailored to the needs of individuals and businesses alike. Specialising in a range of services, including personal and commercial banking, loans, and investment options, Farmers & Mechanics Bank distinguishes itself through its commitment to customer service and community engagement. Over the years, the bank has achieved significant milestones, solidifying its reputation as a trusted partner in financial growth. Recognised for its stability and customer-centric approach, Farmers & Mechanics Bank continues to thrive in the competitive banking landscape, making it a preferred choice for those seeking reliable financial services.

DitchCarbon Score

How does Farmers & Mechanics 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.

66

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.

28

Industry Benchmark

Farmers & Mechanics Bank's score of 66 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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Farmers & Mechanics Bank's reported carbon emissions

Inherited from The PNC Financial Services Group, Inc.

Farmers & Mechanics Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are influenced by its relationship with The PNC Financial Services Group, Inc., from which it inherits emissions data and sustainability initiatives at a cascade level of three. As part of its corporate family, Farmers & Mechanics Bank aligns with PNC's climate strategies, which include participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative. However, specific reduction targets or achievements have not been disclosed for Farmers & Mechanics Bank itself. In summary, while direct emissions data is not available, the bank is positioned within a framework of climate commitments inherited from its parent company, PNC, which actively engages in sustainability efforts and reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20202021202220232024
Scope 1
23,767,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
146,807,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
16,467,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Farmers & Mechanics Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Farmers & Mechanics Bank is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Farmers & Mechanics Bank is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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