Mountain Commerce Bancorp, Inc.
Mountain Commerce Bancorp, Inc., often referred to as MCB, is a prominent financial institution headquartered in the United States. Established in 2007, MCB has carved a niche in the banking industry, primarily serving the regions of East Tennessee and beyond. The bank offers a comprehensive range of services, including personal and commercial banking, mortgage lending, and wealth management, distinguished by its commitment to customer service and community engagement. With a focus on fostering local economic growth, Mountain Commerce Bancorp has achieved significant milestones, including steady asset growth and a robust market presence. Its dedication to innovative financial solutions and personalised banking experiences positions MCB as a trusted partner for individuals and businesses alike, making it a noteworthy player in the competitive landscape of community banking.
DitchCarbon Score
How does Mountain Commerce 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
Mountain Commerce Bancorp, Inc.'s score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mountain Commerce Bancorp, Inc.'s reported carbon emissions
In 2021, Mountain Commerce Bancorp, Inc. reported significant carbon emissions, totalling approximately 63,634,000 kg CO2e from Scope 2 emissions and about 1,919,000 kg CO2e from business travel and 1,047,000 kg CO2e from waste generated in operations, classified under Scope 3 emissions. This data indicates a slight increase in Scope 2 emissions compared to 2020, where emissions were around 62,661,000 kg CO2e, while Scope 3 emissions from business travel decreased from about 7,778,000 kg CO2e in 2020. The bank has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Furthermore, there are no climate pledges reported, suggesting that the organisation is currently in the early stages of formalising its climate commitments. Overall, Mountain Commerce Bancorp, Inc. is actively disclosing its emissions data but has yet to establish a comprehensive strategy for reducing its carbon footprint.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 90,457,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 25,637,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions 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.
Mountain Commerce Bancorp, Inc. is not participating in any of the initiatives that 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.
