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Public Profile
Financial Intermediation
US
updated 18 days ago

Independent Bank Corporation Sustainability Profile

Company website

Independent Bank Corporation, often referred to simply as Independent Bank, is a prominent financial institution headquartered in the United States. Established in 1864, the bank has a rich history of serving communities across Michigan and Texas, focusing on retail and commercial banking services. With a commitment to personalised customer service, Independent Bank offers a range of core products, including checking and savings accounts, loans, and mortgage services, all designed to meet the diverse needs of its clientele. The bank's unique approach combines modern banking technology with a community-oriented philosophy, setting it apart in the competitive financial landscape. Recognised for its stability and growth, Independent Bank Corporation has achieved significant milestones, solidifying its position as a trusted partner in the banking industry.

DitchCarbon Score

How does Independent Bank 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.

29

Industry Benchmark

Independent Bank Corporation's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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Independent Bank Corporation's reported carbon emissions

Independent Bank Corporation, headquartered in the US, currently does not report any carbon emissions data, as there are no available figures for kg CO2e. Additionally, the corporation has not established specific reduction targets or commitments under initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of reported emissions, it is important to note that many organisations in the financial sector are increasingly focusing on sustainability and climate commitments. However, without specific data or targets, it is unclear how Independent Bank Corporation aligns with industry standards for carbon reduction and climate action.

How Carbon Intensive is Independent Bank Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Independent Bank 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.

How Carbon Intensive is Independent Bank Corporation's Location?

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 Independent Bank Corporation is in US, which has a low grid carbon intensity relative to other regions.

Independent Bank 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.

Independent Bank 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.

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

Compare Independent Bank Corporation's Emissions with Industry Peers

Community Trust Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 20 hours ago

Stock Yards Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

S&T Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 19 days ago

Eagle Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Boston Private Financial Holdings, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Horizon Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

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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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