Mercantile Bank Corporation
Mercantile Bank Corporation, often referred to simply as Mercantile Bank, is a prominent financial institution headquartered in the United States. Established in 1997, the bank has grown significantly, primarily serving the Midwest region with a strong presence in Michigan. Operating within the banking industry, Mercantile Bank focuses on commercial banking, offering a range of services including personal and business loans, treasury management, and deposit products. What sets Mercantile Bank apart is its commitment to personalised service and community engagement, fostering strong relationships with clients. With a reputation for stability and customer satisfaction, Mercantile Bank Corporation has achieved notable milestones, positioning itself as a trusted partner for individuals and businesses alike. Its dedication to innovation and community support continues to drive its success in the competitive banking landscape.
DitchCarbon Score
How does Mercantile Bank Corporation'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
Mercantile Bank Corporation's score of 28 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mercantile Bank Corporation's reported carbon emissions
Mercantile Bank Corporation, headquartered in the US, has set ambitious climate commitments aimed at reducing its carbon footprint. Although specific emissions data for the most recent year is not available, the bank has established clear reduction targets for its Scope 1 and Scope 2 emissions. The bank aims to achieve a 40% reduction in Scope 1 emissions from a 2019 baseline by the year 2030. Additionally, it has set a target to reduce Scope 2 emissions by 29% over the same timeframe. These initiatives reflect the bank's commitment to addressing climate change and minimising its environmental impact. Mercantile Bank Corporation has not reported any Scope 3 emissions data, which typically includes indirect emissions from the value chain. However, the absence of specific emissions figures does not detract from the bank's proactive stance on climate action through its established reduction targets. Overall, Mercantile Bank Corporation is taking significant steps towards sustainability, aligning its operations with industry standards for climate responsibility.
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.
Mercantile Bank Corporation 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.
