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Public Profile
Services Auxiliary to Financial Intermediation
US
updated 7 days ago

NewAlliance Bancshares, Inc.

Company website

NewAlliance Bancshares, Inc., often referred to as NewAlliance Bank, is a prominent financial institution headquartered in the United States. Established in 2005, the bank has made significant strides in the banking sector, particularly in the New England region, where it serves a diverse clientele. Specialising in commercial and retail banking, NewAlliance offers a range of core products and services, including personal and business loans, deposit accounts, and wealth management solutions. What sets NewAlliance apart is its commitment to personalised customer service and community engagement, fostering strong relationships with its clients. With a solid market position, NewAlliance Bancshares has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. As a trusted partner in the banking industry, NewAlliance continues to innovate and adapt to meet the evolving needs of its customers.

DitchCarbon Score

How does NewAlliance Bancshares, 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.

46

Industry Average

Mean score of companies in the Services Auxiliary to 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.

31

Industry Benchmark

NewAlliance Bancshares, Inc.'s score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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NewAlliance Bancshares, Inc.'s reported carbon emissions

Inherited from KeyCorp

NewAlliance Bancshares, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting its climate-related data from its parent organisation, KeyCorp, at a cascade level of 2. While there are no documented reduction targets or climate pledges from NewAlliance Bancshares, it is important to note that the emissions data and performance metrics are sourced from KeyCorp. This relationship suggests that NewAlliance may align with KeyCorp's sustainability initiatives and climate commitments, although specific details are not provided. As the financial services industry increasingly prioritises climate action, NewAlliance Bancshares, Inc. may benefit from adopting similar strategies to enhance its environmental performance and transparency in emissions reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2011201220132014201520162017201820192020202120222023
Scope 1
77,029,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
0,000,000
Scope 2
48,239,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
Scope 3
14,027,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. NewAlliance Bancshares, Inc.'s primary industry is Services auxiliary to financial intermediation (67), 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 NewAlliance Bancshares, 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.

NewAlliance Bancshares, 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

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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

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