Lakeland Financial Corporation Sustainability Profile
Lakeland Financial Corporation, commonly known as Lake City Bank, is a prominent financial institution headquartered in the United States. Established in 1872, the bank has a rich history of serving communities across Indiana and surrounding regions. Specialising in commercial banking, personal banking, and wealth management, Lake City Bank distinguishes itself through its commitment to customer service and innovative financial solutions. With a strong market presence, Lakeland Financial Corporation has achieved significant milestones, including consistent growth in assets and a reputation for stability. The bank offers a range of core products, such as loans, deposit accounts, and investment services, tailored to meet the diverse needs of its clientele. Recognised for its community involvement and financial expertise, Lake City Bank continues to solidify its position as a trusted partner in the financial sector.
DitchCarbon Score
How does Lakeland Financial 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.
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
Lakeland Financial Corporation's score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lakeland Financial Corporation's reported carbon emissions
Lakeland Financial Corporation, headquartered in the US, currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges from the company. This lack of data suggests that Lakeland Financial Corporation may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the company operates within an industry increasingly focused on sustainability, it may benefit from developing and communicating clear climate commitments and reduction strategies in the future. This would align with broader trends in corporate responsibility and environmental stewardship, which are becoming essential for businesses across various sectors.
How Carbon Intensive is Lakeland Financial Corporation's Industry?
How Carbon Intensive is Lakeland Financial Corporation's Location?
Lakeland Financial 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.
Lakeland Financial 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.
