Katahdin Bankshares Corp., commonly known as Katahdin Trust, is a prominent financial institution headquartered in the United States. Established in 1918, the bank has a rich history of serving communities across northern Maine and New Hampshire, focusing on providing personalised banking solutions. Operating primarily in the banking and financial services industry, Katahdin Trust offers a range of core products, including personal and business banking, loans, and investment services. What sets them apart is their commitment to community engagement and customer-centric service, fostering long-lasting relationships with clients. With a strong market position, Katahdin Bankshares Corp. has achieved notable milestones, including consistent growth in assets and a reputation for reliability. Their dedication to innovation and community support continues to solidify their status as a trusted financial partner in the region.
How does Katahdin Bankshares Corp.'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.
Katahdin Bankshares Corp.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Katahdin Bankshares Corp., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of emissions data and formal commitments suggests that Katahdin Bankshares Corp. may not yet have established a comprehensive framework for addressing its carbon footprint or engaging in climate action initiatives. As the financial services industry increasingly prioritises sustainability, it will be essential for Katahdin Bankshares Corp. to consider developing and implementing strategies to measure and reduce its environmental impact in the future.
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.
Katahdin Bankshares Corp. 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.