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Public Profile
Financial Intermediation
US
updated 9 months ago

MidWestOne Bank Sustainability Profile

Company website

MidWestOne Bank, headquartered in the United States, has been a trusted financial institution since its founding in 1934. With a strong presence in the Midwest, particularly in Iowa, Minnesota, and Wisconsin, the bank operates within the banking and financial services industry, offering a comprehensive range of products and services. MidWestOne Bank is renowned for its personalised customer service and innovative banking solutions, including personal and business banking, mortgage lending, and wealth management. The bank's commitment to community engagement and financial education sets it apart in a competitive market. Over the years, MidWestOne Bank has achieved significant milestones, solidifying its position as a reliable partner for individuals and businesses alike. With a focus on building lasting relationships, the bank continues to thrive, adapting to the evolving needs of its customers.

DitchCarbon Score

How does MidWestOne Bank'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.

32

Industry Benchmark

MidWestOne Bank'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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MidWestOne Bank's reported carbon emissions

MidWestOne Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of MidWestOne Financial Group, Inc., which may influence its climate commitments and reporting. As of now, there are no documented reduction targets or climate pledges from MidWestOne Bank. The absence of specific emissions data and reduction initiatives suggests that the bank is still in the early stages of formalising its climate strategy. Given the lack of direct emissions data, it is important to note that MidWestOne Bank's climate commitments may be informed by broader industry standards and practices, particularly those set by its parent company. The bank's approach to sustainability and carbon management will likely evolve as it aligns with the initiatives of MidWestOne Financial Group, Inc. and the expectations of stakeholders in the financial sector.

How Carbon Intensive is MidWestOne Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MidWestOne Bank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is MidWestOne Bank's Location?

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 MidWestOne Bank is in US, which has a low grid carbon intensity relative to other regions.

MidWestOne Bank'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.

MidWestOne Bank 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.

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

Compare MidWestOne Bank's Emissions with Industry Peers

U.S. Bank National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

Bank of the West

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Wells Fargo Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Principal Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Hills Bank and Trust Company

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

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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

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