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 higher than 71% 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 have any publicly available carbon emissions data for the most recent year, nor do they have specified reduction targets or climate pledges. This absence of data suggests that the company may still be in the early stages of formalising its climate commitments or reporting on its emissions. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives, indicating a growing trend towards environmental responsibility. As such, Katahdin Bankshares Corp. may need to develop and communicate its climate strategy to align with industry standards and expectations.
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 committed to any reduction initiatives 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.