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Financial Intermediation
US
updated 4 days ago

HomeTown Bankshares Corporation

Company website

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.

23

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.

30

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.

29%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HomeTown Bankshares Corporation's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HomeTown Bankshares Corporation is in US, which has a low grid carbon intensity relative to other regions.

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.

HomeTown Bankshares Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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