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Public Profile
Financial Intermediation
US
updated 17 days ago

Magnolia Bancorp, Inc. Sustainability Profile

Company website

Magnolia Bancorp, Inc., a prominent player in the financial services sector, is headquartered in the United States. Founded in 2000, the company has established itself as a trusted provider of banking solutions, primarily serving the Southern and Midwestern regions. Magnolia Bancorp focuses on delivering a range of core products, including savings accounts, mortgages, and personal loans, distinguished by their customer-centric approach and competitive interest rates. With a commitment to community engagement and financial education, Magnolia Bancorp has achieved significant milestones, including consistent growth in assets and a strong market presence. The company is recognised for its dedication to personalised service, making it a preferred choice for individuals and businesses seeking reliable banking solutions. As it continues to expand its footprint, Magnolia Bancorp remains dedicated to fostering financial well-being in the communities it serves.

DitchCarbon Score

How does Magnolia Bancorp, Inc.'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.

23

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

Magnolia Bancorp, Inc.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Magnolia Bancorp, Inc.'s reported carbon emissions

Magnolia Bancorp, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that Magnolia Bancorp, Inc. may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial sector increasingly prioritises climate action, it is essential for organisations like Magnolia Bancorp to consider developing and communicating their environmental strategies to align with industry standards and stakeholder expectations.

How Carbon Intensive is Magnolia Bancorp, Inc.'s Industry?

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

Magnolia Bancorp, Inc.'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.

Magnolia Bancorp, Inc. 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

Compare Magnolia Bancorp, Inc.'s Emissions with Industry Peers

BV Financial, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

William Penn Bancorporation

US
•
Services auxiliary to financial intermediation (67)
Updated 15 days ago

NSTS Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Catalyst Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Synovus

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

Hancock Whitney

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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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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