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Melrose Bancorp, Inc.
Melrose Bancorp, Inc., a prominent player in the banking sector, is headquartered in the United States, with a strong operational presence in Massachusetts. Founded in 1890, the bank has established itself as a trusted financial institution, offering a range of services including personal and commercial banking, mortgage lending, and investment solutions. Melrose Bancorp is renowned for its commitment to customer service and community engagement, setting it apart in a competitive market. The bank's core products, such as tailored loan options and innovative savings accounts, cater to the diverse needs of its clientele. With a focus on sustainable growth and financial stability, Melrose Bancorp has achieved notable milestones, reinforcing its position as a reliable partner in the financial landscape.
DitchCarbon Score
How does Melrose 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.
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
Melrose Bancorp, Inc.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Melrose Bancorp, Inc.'s reported carbon emissions
As of the latest available data, Melrose Bancorp, Inc. has not disclosed specific carbon emissions figures for recent years, including Scope 1, 2, or 3 emissions. The most recent emissions data cascaded from the parent company, Melrose PLC, indicates that in 2019, the company reported emissions normalised to approximately 0.000092 tonnes CO2e per £1,000 of revenue, with total revenue of about $7,448,000. In 2018, the emissions were approximately 0.00003 tonnes CO2e per £1,000 of revenue, with total revenue of about $7,921,000. Currently, Melrose Bancorp, Inc. has no publicly stated reduction targets or climate commitments, and there are no specific initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed emissions data and reduction strategies suggests that the company may still be in the early stages of formalising its climate commitments. Overall, while Melrose Bancorp, Inc. is part of a corporate family that has reported emissions data, the lack of specific commitments or targets indicates a need for further development in their climate strategy.
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.
Melrose Bancorp, Inc. 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.
