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Public Profile
Financial Intermediation
US
updated a month ago

Lake Sunapee Bank Group Sustainability Profile

Company website

Lake Sunapee Bank Group, a prominent financial institution headquartered in the United States, has been serving the community since its founding in 1868. With a strong presence in New Hampshire and Vermont, the bank operates within the banking and financial services industry, offering a range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, Lake Sunapee Bank Group distinguishes itself through its commitment to customer service and community involvement. The bank has achieved notable milestones, including its expansion into various regions and the introduction of innovative financial solutions. Recognised for its stability and customer-centric approach, Lake Sunapee Bank Group continues to solidify its position as a trusted partner in the financial landscape.

DitchCarbon Score

How does Lake Sunapee Bank Group'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.

25

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

Lake Sunapee Bank Group's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

41%

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Lake Sunapee Bank Group's reported carbon emissions

Lake Sunapee Bank Group, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation is a merged entity, and its climate commitments and emissions data are cascaded from its parent company, Bar Harbor Bankshares. As of now, there are no documented reduction targets or specific climate pledges from Lake Sunapee Bank Group. The absence of emissions data and reduction initiatives suggests that the bank is in the early stages of developing its climate strategy. Given the context of the banking industry, it is essential for Lake Sunapee Bank Group to establish clear carbon reduction targets and commitments to align with broader industry standards and expectations. This will not only enhance their sustainability profile but also contribute to the global effort in combating climate change.

How Carbon Intensive is Lake Sunapee Bank Group's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lake Sunapee Bank Group'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 Lake Sunapee Bank Group'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 Lake Sunapee Bank Group is in US, which has a low grid carbon intensity relative to other regions.

Lake Sunapee Bank Group'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.

Lake Sunapee Bank Group 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

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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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