Farmers & Merchants Bank of Long Beach Sustainability Profile
Farmers & Merchants Bank of Long Beach, often referred to as F&M Bank, is a prominent financial institution headquartered in Long Beach, California, with a strong presence across the US. Established in 1907, the bank has a rich history marked by significant milestones, including its commitment to community banking and customer service excellence. Operating primarily in the banking industry, F&M Bank offers a diverse range of services, including personal and business banking, loans, and investment solutions. What sets them apart is their focus on personalised service and local decision-making, ensuring that clients receive tailored financial solutions. With a reputation for stability and trust, Farmers & Merchants Bank has solidified its position as a leading community bank, recognised for its dedication to fostering economic growth in the regions it serves.
DitchCarbon Score
How does Farmers & Merchants Bank of Long Beach'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 & Merchants Bank of Long Beach's score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Farmers & Merchants Bank of Long Beach's reported carbon emissions
Farmers & Merchants Bank of Long Beach currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that the bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the bank operates independently without cascading emissions data from a parent organisation, it is essential for Farmers & Merchants Bank of Long Beach to consider developing a comprehensive climate strategy. This could include setting science-based targets and participating in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability regarding its environmental impact.
How Carbon Intensive is Farmers & Merchants Bank of Long Beach's Industry?
How Carbon Intensive is Farmers & Merchants Bank of Long Beach's Location?
Farmers & Merchants Bank of Long Beach'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 & Merchants Bank of Long Beach 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.
