Katahdin Bankshares Corp. Sustainability Profile
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.
DitchCarbon Score
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.
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
Katahdin Bankshares Corp.'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.
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Katahdin Bankshares Corp.'s reported carbon emissions
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 data suggests that Katahdin Bankshares Corp. may not have established formal commitments to reduce its carbon footprint or engage in industry-standard climate initiatives at this time. As such, the company appears to be in the early stages of addressing climate-related impacts, with no emissions inherited from a parent company or corporate family.
How Carbon Intensive is Katahdin Bankshares Corp.'s Industry?
How Carbon Intensive is Katahdin Bankshares Corp.'s Location?
Katahdin Bankshares Corp.'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.
Katahdin Bankshares Corp. 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.
