Marathon MHC
Marathon MHC, also known as Marathon Bank, is a prominent financial institution headquartered in the United States. Established in 2005, the company has made significant strides in the banking sector, particularly in the Midwest and Southeast regions. Specialising in commercial and residential lending, Marathon MHC distinguishes itself through personalised customer service and innovative financial solutions tailored to meet diverse client needs. With a commitment to fostering community growth, Marathon MHC has achieved notable milestones, including expanding its branch network and enhancing digital banking capabilities. The bank's core offerings, which include mortgages, business loans, and deposit services, are designed to provide clients with flexible and competitive options. As a trusted partner in the financial landscape, Marathon MHC continues to solidify its market position through a focus on customer satisfaction and community engagement.
DitchCarbon Score
How does Marathon MHC'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
Marathon MHC's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marathon MHC's reported carbon emissions
In 2020, Marathon MHC reported total carbon emissions of approximately 51,192,000 kg CO2e, which includes 1,612,000 kg CO2e from Scope 1 emissions and 49,579,000 kg CO2e from Scope 2 emissions. Additionally, the company recorded about 7,407,000 kg CO2e in Scope 3 emissions. This data reflects a comprehensive disclosure of emissions across all relevant scopes. Despite the significant emissions figures, Marathon MHC has not established specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction strategies suggests a need for further development in their climate action plans. Marathon MHC does not inherit emissions data from any parent or related organizations, indicating that all reported figures are derived solely from its own operations. The company has not publicly committed to any industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or similar frameworks. Overall, while Marathon MHC has provided detailed emissions data for 2020, the lack of reduction targets highlights an area for potential improvement in their climate strategy.
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| 2020 | |
|---|---|
| Scope 1 | 1,612,000 |
| Scope 2 | 49,579,000 |
| Scope 3 | 7,407,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Marathon MHC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
