Generations Bancorp NY, Inc., commonly referred to as Generations Bank, is a prominent financial institution headquartered in the United States. Established in 1893, the bank has a rich history of serving communities across New York, particularly in the Finger Lakes region. Specialising in retail banking, commercial lending, and wealth management, Generations Bank distinguishes itself through personalised customer service and a commitment to community development. With a focus on core products such as savings accounts, mortgages, and business loans, Generations Bank has built a strong market position, recognised for its innovative financial solutions tailored to meet the diverse needs of its clients. The bank's dedication to fostering local growth and its strategic initiatives have solidified its reputation as a trusted partner in the financial landscape.
How does Generations Bancorp NY, 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.
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.
Generations Bancorp NY, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Generations Bancorp NY, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. This lack of emissions data and commitments suggests that Generations Bancorp may not yet have established a formal framework for addressing its carbon footprint or climate impact. In the context of the financial services industry, many organisations are increasingly adopting science-based targets and sustainability initiatives to mitigate climate change. However, without specific commitments or data, it is unclear how Generations Bancorp aligns with these industry trends. As the company develops its sustainability strategy, it may consider setting measurable targets and reporting on its emissions to enhance transparency and accountability in its climate commitments.
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.
Generations Bancorp NY, Inc. 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.