Generations Bancorp NY, Inc. Sustainability Profile
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.
DitchCarbon Score
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.
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
Generations Bancorp NY, Inc.'s score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Generations Bancorp NY, Inc.'s reported carbon emissions
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 data suggests that Generations Bancorp may not have established formal commitments to address carbon emissions or climate change at this time. As the financial sector increasingly prioritises sustainability, it is essential for organisations like Generations Bancorp to consider developing and communicating their climate strategies to align with industry standards and stakeholder expectations.
How Carbon Intensive is Generations Bancorp NY, Inc.'s Industry?
How Carbon Intensive is Generations Bancorp NY, Inc.'s Location?
Generations Bancorp NY, 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.
Generations Bancorp NY, 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.
