Meridian Bancorp, Inc. Sustainability Profile
Meridian Bancorp, Inc., commonly known as East Boston Savings Bank, is a prominent financial institution headquartered in the United States. Established in 1848, the bank has a rich history of serving communities primarily in Massachusetts and New Hampshire. Operating within the banking industry, Meridian Bancorp focuses on providing a range of financial services, including personal and commercial banking, mortgage lending, and wealth management. What sets Meridian Bancorp apart is its commitment to customer service and community engagement, fostering strong relationships with clients. The bank has achieved significant milestones, including consistent growth in assets and a robust market presence. With a dedication to innovation and customer satisfaction, Meridian Bancorp continues to solidify its position as a trusted financial partner in the region.
DitchCarbon Score
How does Meridian 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 Services Auxiliary to 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
Meridian Bancorp, Inc.'s score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Meridian Bancorp, Inc.'s reported carbon emissions
Meridian Bancorp, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company has not established any 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 Meridian 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 organisations has been provided. As the financial services industry increasingly prioritises sustainability, Meridian Bancorp, Inc. may need to consider developing and disclosing its climate commitments to align with industry standards and expectations.
How Carbon Intensive is Meridian Bancorp, Inc.'s Industry?
How Carbon Intensive is Meridian Bancorp, Inc.'s Location?
Meridian 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.
Meridian 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.
