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Financial Intermediation
US
updated 16 days ago

Merchants Bancshares, Inc.

Company website

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.

25

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.

28

Industry Benchmark

Merchants Bancshares, Inc.'s score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Merchants Bancshares, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Merchants Bancshares, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

Merchants Bancshares, 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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