Hopewell Valley Community Bank Sustainability Profile
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.
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
Hopewell Valley Community Bank's score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
How Carbon Intensive is Hopewell Valley Community Bank's Industry?
How Carbon Intensive is Hopewell Valley Community Bank's Location?
Hopewell Valley Community Bank'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.
Hopewell Valley Community Bank 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.
