Melrose Bancorp, Inc. Sustainability Profile
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 72% 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
Melrose Bancorp, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that Melrose Bancorp, Inc. is a merged entity, and any potential emissions data or climate initiatives may be inherited from its corporate family. However, no specific information regarding emissions or climate commitments from parent or related organizations has been provided. As the financial sector increasingly prioritises sustainability, Melrose Bancorp, Inc. may need to consider developing and disclosing its climate commitments to align with industry standards and expectations.
How Carbon Intensive is Melrose Bancorp, Inc.'s Industry?
How Carbon Intensive is Melrose Bancorp, Inc.'s Location?
Melrose 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.
Melrose 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.
