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 79% 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
In 2019, Melrose Bancorp, Inc. reported emissions data that indicates a commitment to understanding its carbon footprint, although specific absolute emissions figures were not disclosed. The company’s emissions were normalised to approximately 0.000092 tonnes CO2e per £1,000 of revenue, based on a revenue of about $7,448,000. This suggests a focus on integrating sustainability into its financial operations. For 2018, the emissions were normalised to about 0.00003 tonnes CO2e per £1,000 of revenue, with a revenue of approximately $7,921,000. This indicates a potential reduction in emissions intensity year-on-year, although no specific reduction targets or achievements have been documented. Melrose Bancorp has not disclosed any Scope 1, 2, or 3 emissions data, nor has it set any formal reduction targets or climate pledges. The absence of detailed emissions reporting highlights an opportunity for the company to enhance its climate commitments and transparency in line with industry standards.
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.
