Monroe Bank & Trust, often referred to as MBT, is a prominent financial institution headquartered in Monroe, Michigan, USA. Established in 1858, the bank has a rich history of serving the community and has expanded its operations across southeastern Michigan. As a member of the banking industry, Monroe Bank & Trust offers a comprehensive range of services, including personal and business banking, loans, and investment solutions. What sets MBT apart is its commitment to personalised customer service and community involvement, fostering strong relationships with clients. The bank has achieved notable milestones, including recognition for its financial stability and customer satisfaction. With a focus on innovation and community support, Monroe Bank & Trust continues to solidify its position as a trusted financial partner in the region.
How does Monroe Bank & Trust'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.
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.
Monroe Bank & Trust's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Monroe Bank & Trust, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no specific targets or pledges outlined. It is important to note that Monroe Bank & Trust's emissions data is cascaded from its parent company, First Merchants Bank, at a cascade level of 1. This means that any relevant emissions data or climate initiatives would be derived from First Merchants Bank's reporting and commitments. However, as of now, no specific emissions figures or reduction targets have been provided from this source either. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies. While Monroe Bank & Trust has not yet disclosed its own emissions or targets, it is positioned within a sector that is progressively adopting climate action frameworks and commitments.
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.
Monroe Bank & Trust 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.