Public Profile

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.

23

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.

26

Industry Benchmark

Needham Bank's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

22%

Needham Bank's reported carbon emissions

Needham Bank, headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without concrete figures or commitments, it is challenging to assess their climate impact or initiatives. However, the bank's engagement in sustainability practices may align with broader industry trends towards reducing carbon footprints and enhancing environmental responsibility. As the financial sector increasingly prioritises climate commitments, it is essential for institutions like Needham Bank to establish measurable goals and transparent reporting to contribute effectively to climate action.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Needham Bank'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. Needham Bank is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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

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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