Needham Bank
Needham Bank, officially known as Needham Cooperative Bank, is a prominent financial institution headquartered in Needham, Massachusetts, USA. Established in 1892, the bank has a rich history of serving the local community and has expanded its operations across the Greater Boston area. As a member of the banking industry, Needham Bank focuses on providing a range of core services, including personal and business banking, mortgage lending, and investment services. What sets Needham Bank apart is its commitment to personalised customer service and community involvement, fostering strong relationships with clients. With a solid market position, Needham Bank has achieved notable milestones, including recognition for its financial stability and community engagement initiatives. Its dedication to innovation and customer satisfaction continues to drive its success in the competitive banking landscape.
DitchCarbon Score
How does Needham 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.
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
Needham Bank's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Needham Bank's reported carbon emissions
Needham Bank, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that Needham Bank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the banking industry, many institutions are increasingly adopting sustainability practices and setting science-based targets to mitigate climate impact. However, without specific emissions data or commitments, it is unclear how Needham Bank aligns with these industry trends. As the focus on climate action intensifies, it will be important for the bank to consider developing and communicating its climate strategy to enhance transparency and accountability in its environmental impact.
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.
Needham Bank 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.
