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Financial Intermediation
US
updated 7 days ago

Hopewell Valley Community Bank

Company website

Hopewell Valley Community Bank, often referred to as HVCB, is a prominent financial institution headquartered in the United States, specifically in Pennington, New Jersey. Established in 1997, the bank has steadily expanded its footprint across the central New Jersey region, providing a range of banking services tailored to meet the needs of individuals and businesses alike. Operating within the community banking sector, HVCB offers unique products such as personal and commercial loans, mortgages, and a variety of deposit accounts. The bank is distinguished by its commitment to personalised service and community involvement, fostering strong relationships with its customers. With a focus on local economic growth, Hopewell Valley Community Bank has achieved notable recognition for its customer-centric approach and robust financial performance, solidifying its position as a trusted partner in the region's banking landscape.

DitchCarbon Score

How does Hopewell Valley Community Bank'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.

25

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.

28

Industry Benchmark

Hopewell Valley Community Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Hopewell Valley Community Bank's reported carbon emissions

Hopewell Valley Community Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no established reduction targets or climate pledges noted. It is important to highlight that emissions data may be cascaded from related entities. In this case, the bank's emissions data is inherited from Northfield Bank, which is a merged entity at a cascade level of 1. However, specific emissions figures from Northfield Bank have not been provided. As of now, Hopewell Valley Community Bank has not publicly committed to any Science-Based Targets Initiative (SBTi) reduction targets or other industry-standard climate initiatives. The lack of data and commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hopewell Valley Community Bank'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 Hopewell Valley Community Bank 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.

Hopewell Valley Community Bank 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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