Merchants Bancshares, Inc. Sustainability Profile
Merchants Bancshares, Inc., a prominent player in the banking industry, is headquartered in the United States. Founded in 1997, the company has established itself as a key provider of financial services, primarily focusing on commercial banking and mortgage lending. With a strong presence in the northeastern region, Merchants Bancshares has consistently delivered innovative banking solutions tailored to meet the needs of its diverse clientele. The company offers a range of core products, including personal and business banking services, as well as residential and commercial mortgages. What sets Merchants Bancshares apart is its commitment to customer service and community engagement, fostering long-term relationships with clients. Over the years, the company has achieved significant milestones, solidifying its market position as a trusted financial partner in the region.
DitchCarbon Score
How does Merchants Bancshares, 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
Merchants Bancshares, Inc.'s score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Merchants Bancshares, Inc.'s reported carbon emissions
Merchants Bancshares, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting its climate-related data from its parent organisation, Community Financial System, Inc. However, no specific emissions data or reduction targets have been provided. Despite the lack of detailed emissions information, Merchants Bancshares, Inc. is part of a broader industry context that increasingly prioritises climate commitments and sustainability initiatives. The company has not disclosed any specific climate pledges or reduction initiatives, which may reflect a need for further development in its environmental strategy. As the financial sector continues to evolve towards greater transparency and accountability in carbon emissions, Merchants Bancshares, Inc. may benefit from establishing clear reduction targets and reporting frameworks to align with industry standards and stakeholder expectations.
How Carbon Intensive is Merchants Bancshares, Inc.'s Industry?
How Carbon Intensive is Merchants Bancshares, Inc.'s Location?
Merchants Bancshares, 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.
Merchants Bancshares, 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.
