Highlands Bankshares, Inc.
Highlands Bankshares, Inc., commonly known as Grant County Bank, is a prominent financial institution headquartered in the United States. Established in 1900, the bank has a rich history of serving the community, primarily in West Virginia and Virginia. Operating within the banking industry, Highlands Bankshares focuses on providing a range of financial services, including personal and commercial banking, loans, and investment solutions. What sets Highlands Bankshares apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. Over the years, the bank has achieved significant milestones, solidifying its position as a trusted financial partner. With a reputation for reliability and innovation, Highlands Bankshares continues to thrive in a competitive market, catering to the diverse needs of its clientele.
DitchCarbon Score
How does Highlands 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
Highlands Bankshares, Inc.'s score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Highlands Bankshares, Inc.'s reported carbon emissions
In 2022, Highlands Bankshares, Inc. reported total carbon emissions of approximately 55,744,000 kg CO2e. This figure includes Scope 1 emissions of about 1,138,000 kg CO2e, Scope 2 emissions of approximately 5,667,000 kg CO2e, and significant Scope 3 emissions totalling around 48,940,000 kg CO2e. Within Scope 3, notable contributors include business travel (about 5,527,000 kg CO2e) and purchased goods and services (approximately 35,552,000 kg CO2e). Despite the substantial emissions reported, Highlands Bankshares, Inc. has not established specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further development in their sustainability efforts. The company does not inherit emissions data from a parent organisation, indicating that all reported figures are directly attributed to Highlands Bankshares, Inc. itself. As the financial sector increasingly prioritises climate action, Highlands Bankshares, Inc. may benefit from adopting industry-standard practices and setting measurable targets to enhance their environmental performance.
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| 2022 | |
|---|---|
| Scope 1 | 1,138,000 |
| Scope 2 | 5,667,000 |
| Scope 3 | 48,940,000 |
Industry emissions intensity
Location emissions intensity
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.
Highlands Bankshares, 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.
