Mid Penn Bancorp, Inc. Sustainability Profile
Mid Penn Bancorp, Inc., a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1868. With a strong presence in Pennsylvania and surrounding regions, the bank operates within the banking and financial services industry, offering a comprehensive range of products and services tailored to meet the needs of individuals and businesses alike. Mid Penn Bancorp is renowned for its commitment to customer service and community engagement, providing services such as personal and commercial banking, mortgage lending, and wealth management. The bank's unique approach combines local expertise with innovative financial solutions, positioning it as a trusted partner in the financial landscape. Notable achievements include consistent growth and expansion, solidifying its market position as a leading community bank dedicated to fostering economic development in its operational areas.
DitchCarbon Score
How does Mid Penn 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 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
Mid Penn Bancorp, Inc.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mid Penn Bancorp, Inc.'s reported carbon emissions
In 2022, Mid Penn Bancorp, Inc. reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects the company's operational impact on climate change, with no reported Scope 3 emissions. Comparatively, in 2021, the company had significantly higher Scope 1 emissions at 533,000,000 kg CO2e, indicating a substantial reduction in direct emissions in the following year. However, there are currently no specific reduction targets or climate pledges documented, suggesting that while emissions data is available, formal commitments to further reduce carbon footprints have not been established. Mid Penn Bancorp operates without cascading emissions data from a parent company, indicating that all reported figures are independently sourced. The absence of Scope 3 emissions data and reduction initiatives highlights an area for potential growth in their climate strategy.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Mid Penn Bancorp, Inc.'s Industry?
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Mid Penn 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.
Mid Penn 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.
