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Financial Intermediation
US
updated 6 months ago

MVB Bank, Inc.

Company website

MVB Bank, Inc., a prominent financial institution headquartered in the United States, has established itself as a key player in the banking industry since its founding in 1997. With a strong presence in major operational regions across the US, MVB Bank focuses on providing innovative banking solutions tailored to meet the needs of both individuals and businesses. Specialising in commercial banking, MVB Bank offers a range of core products and services, including personal and business loans, treasury management, and digital banking solutions. What sets MVB Bank apart is its commitment to leveraging technology to enhance customer experience while maintaining a personalised approach. Recognised for its growth and adaptability, MVB Bank continues to solidify its market position through strategic initiatives and a dedication to community engagement.

DitchCarbon Score

How does MVB Bank, 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.

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.

28

Industry Benchmark

MVB Bank, Inc.'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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MVB Bank, Inc.'s reported carbon emissions

MVB Bank, Inc., 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 MVB Financial Corp., which may influence its climate commitments and initiatives. As of now, MVB Bank, Inc. has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the bank is still in the early stages of developing a comprehensive climate strategy. Given the lack of direct emissions data, it is important to note that MVB Bank, Inc. may be aligned with broader industry trends and commitments, particularly those set by its parent company, MVB Financial Corp. However, without explicit targets or achievements, the bank's current climate impact remains unclear. In summary, MVB Bank, Inc. is yet to disclose its carbon emissions or set reduction targets, indicating a potential area for future development in its environmental strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MVB Bank, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for MVB Bank, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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.

MVB Bank, 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.

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

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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