HomeTown Bankshares Corporation Sustainability Profile
HomeTown Bankshares Corporation, commonly referred to as HomeTown Bank, is a prominent financial institution headquartered in the United States. Established in 2004, the bank has made significant strides in the community banking sector, primarily serving regions across Virginia and North Carolina. Specialising in personal and commercial banking services, HomeTown Bank offers a range of unique products, including tailored loan solutions and innovative digital banking options. The bank's commitment to customer service and community engagement has solidified its position as a trusted financial partner. With a focus on fostering local economic growth, HomeTown Bank has achieved notable milestones, including recognition for its community involvement and customer satisfaction. As a key player in the banking industry, HomeTown Bank continues to prioritise the needs of its clients while adapting to the evolving financial landscape.
DitchCarbon Score
How does HomeTown Bankshares Corporation'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
HomeTown Bankshares Corporation'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.
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HomeTown Bankshares Corporation's reported carbon emissions
HomeTown Bankshares Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. Furthermore, there are no documented reduction targets or climate pledges associated with the company. It is important to note that HomeTown Bankshares Corporation's emissions data is cascaded from a merged entity relationship, but specific details regarding the source organization or the nature of the emissions data are not provided. As such, the company may be in the early stages of developing its climate commitments or may rely on broader industry standards for guidance. In the context of the banking sector, many institutions are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon footprints. However, without specific data or commitments from HomeTown Bankshares Corporation, it remains unclear how they align with these industry trends.
How Carbon Intensive is HomeTown Bankshares Corporation's Industry?
How Carbon Intensive is HomeTown Bankshares Corporation's Location?
HomeTown Bankshares Corporation'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.
HomeTown Bankshares Corporation 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.
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