Macatawa Bank Corporation Sustainability Profile
Macatawa Bank Corporation, commonly known as Macatawa Bank, is a prominent financial institution headquartered in the United States, specifically in Holland, Michigan. Founded in 1997, the bank has established itself as a key player in the banking industry, primarily serving the West Michigan region. Specialising in personal and commercial banking, Macatawa Bank offers a range of core products and services, including checking and savings accounts, loans, and investment services. What sets them apart is their commitment to personalised customer service and community involvement, fostering strong relationships with clients. With a focus on growth and innovation, Macatawa Bank has achieved notable milestones, positioning itself as a trusted financial partner in the local market. Their dedication to excellence has earned them recognition within the industry, making them a preferred choice for banking solutions in the area.
DitchCarbon Score
How does Macatawa Bank 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
Macatawa Bank Corporation's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Macatawa Bank Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges available. It is important to note that Macatawa Bank Corporation's emissions data and climate performance may be influenced by its relationship with Wintrust Financial Corporation, from which it inherits performance metrics. However, specific emissions figures or reduction targets from this parent company are not provided. As a merged entity, Macatawa Bank Corporation's climate strategy may align with broader industry standards, but without concrete data or commitments, it remains unclear how the bank is addressing its carbon footprint or contributing to climate action.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 3,189,200 | 0,000,000 |
| Scope 2 | 15,417,500 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Macatawa Bank Corporation's Industry?
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Macatawa Bank 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.
Macatawa Bank 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.
