HopFed Bancorp, Inc., commonly known as HopFed, is a prominent financial institution headquartered in the United States. Founded in 1999, the company has established a strong presence in the banking industry, primarily serving the regions of Kentucky and Tennessee. Specialising in community banking, HopFed offers a range of core products and services, including personal and commercial loans, deposit accounts, and mortgage solutions. What sets HopFed apart is its commitment to personalised customer service and community engagement, fostering long-term relationships with clients. With a focus on growth and stability, HopFed Bancorp has achieved notable milestones, positioning itself as a trusted partner in the financial landscape. Its dedication to innovation and customer satisfaction continues to enhance its reputation within the industry.
How does HopFed Bancorp, Inc.'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.
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.
HopFed Bancorp, Inc.'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.
HopFed Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a merged entity, and its climate commitments and emissions data are cascaded from its parent organisation, First Financial Corporation. As of now, there are no documented reduction targets or significant climate initiatives directly attributed to HopFed Bancorp, Inc. However, it is important to note that the company is part of a broader corporate family that may have its own climate strategies and commitments. Given the lack of specific emissions data and reduction initiatives, HopFed Bancorp, Inc. appears to be in the early stages of establishing its climate commitments. The absence of detailed emissions reporting highlights an opportunity for the organisation to enhance its sustainability efforts and align with industry standards for carbon reduction.
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.
HopFed Bancorp, Inc. 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.