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Public Profile
Services Auxiliary to Financial Intermediation
US
updated a month ago

Legacy Banks Sustainability Profile

Company website

Legacy Banks, headquartered in the United States, is a prominent player in the financial services industry, specialising in personal and commercial banking solutions. Founded in the early 2000s, the bank has achieved significant milestones, including the expansion of its services across major operational regions in the Midwest and Southeast. Offering a diverse range of core products such as savings accounts, loans, and investment services, Legacy Banks distinguishes itself through its commitment to customer-centric solutions and innovative digital banking platforms. With a strong market position, the bank has garnered recognition for its exceptional customer service and community engagement initiatives, solidifying its reputation as a trusted financial partner.

DitchCarbon Score

How does Legacy Banks'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.

44

Industry Average

Mean score of companies in the Services Auxiliary to 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

Legacy Banks's score of 44 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Legacy Banks's reported carbon emissions

Inherited from Berkshire Bank

Legacy Banks, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation's climate commitments and reduction initiatives are also not detailed, indicating a potential area for development in their sustainability strategy. However, it is important to note that Legacy Banks has inherited emissions data from its parent company, Berkshire Hills Bancorp, Inc., at a cascade level of 2. This relationship suggests that any climate-related targets or performance metrics may be influenced by the sustainability practices of Berkshire Hills Bancorp. As of now, there are no documented reduction targets or commitments from Legacy Banks, nor are there any specific initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of data highlights the need for Legacy Banks to establish clear climate goals and transparency in their emissions reporting to align with industry standards and expectations.

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Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
1,863,900
0,000,000
0,000,000
Scope 2
1,182,300
000,000
-
Scope 3
404,400
000,000
000,000

How Carbon Intensive is Legacy Banks's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Legacy Banks's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Legacy Banks'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 Legacy Banks is in US, which has a low grid carbon intensity relative to other regions.

Legacy Banks'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.

Legacy Banks 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?

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