Public Profile

Meridian Bancorp, Inc.

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.

23

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.

6

Industry Benchmark

Meridian Bancorp, Inc.'s score of 23 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

Meridian Bancorp, Inc.'s reported carbon emissions

Meridian Bancorp, Inc., headquartered in the US, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined by the company. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and are committing to reducing their carbon footprints. As the industry evolves, Meridian Bancorp may consider establishing measurable climate commitments to align with global efforts in combating climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Meridian Bancorp, Inc.'s primary industry is Services auxiliary to financial intermediation (67), 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. Meridian Bancorp, Inc. is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Meridian Bancorp, Inc. is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers