Hingham Institution for Savings Sustainability Profile
Hingham Institution for Savings, often referred to as Hingham Savings Bank, is a prominent financial institution headquartered in Hingham, Massachusetts, with a strong presence in the South Shore region of the US. Established in 1834, it has a rich history of serving the community and has achieved significant milestones, including its transition to a publicly traded company in 2015. Specialising in personal banking, commercial lending, and wealth management, Hingham Institution for Savings distinguishes itself through its commitment to customer service and community involvement. The bank offers a range of core products, including savings accounts, mortgages, and investment services, tailored to meet the diverse needs of its clientele. With a solid market position and a reputation for reliability, Hingham Savings continues to be a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Hingham Institution for Savings'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 Services Auxiliary to 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
Hingham Institution for Savings's score of 25 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hingham Institution for Savings's reported carbon emissions
Hingham Institution for Savings currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, the institution has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing carbon emissions at this time. As the institution does not inherit emissions data from a parent or related organization, all information is based solely on its own reporting. Without specific emissions data or reduction initiatives, Hingham Institution for Savings appears to be in the early stages of addressing climate commitments within the financial sector.
How Carbon Intensive is Hingham Institution for Savings's Industry?
How Carbon Intensive is Hingham Institution for Savings's Location?
Hingham Institution for Savings'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.
Hingham Institution for Savings 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.
