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Public Profile
Financial Intermediation
US
updated a month ago

North Shore Bank Sustainability Profile

Company website

North Shore Bank, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1923. With a strong presence in the North Shore region of Massachusetts and beyond, the bank operates within the banking and financial services industry, offering a range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, North Shore Bank distinguishes itself through its commitment to customer service and community involvement. The bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. As a trusted partner in financial growth, North Shore Bank continues to solidify its market position, providing innovative solutions that cater to the evolving needs of its clients.

DitchCarbon Score

How does North Shore 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.

32

Industry Benchmark

North Shore Bank's score of 23 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

25%

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North Shore Bank's reported carbon emissions

North Shore Bank currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of data suggests that North Shore Bank may not have established formal commitments to reduce carbon emissions or may not publicly disclose such information. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting targets aligned with the Science Based Targets initiative (SBTi) or participating in global climate pledges. However, without specific data or commitments from North Shore Bank, it is unclear how they align with these industry standards. As the financial sector continues to evolve towards greater environmental responsibility, it remains essential for institutions like North Shore Bank to consider developing and communicating their climate strategies and emissions data to enhance transparency and accountability in their operations.

How Carbon Intensive is North Shore Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. North Shore Bank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is North Shore Bank's Location?

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 North Shore Bank is in US, which has a low grid carbon intensity relative to other regions.

North Shore Bank's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

North Shore Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare North Shore Bank's Emissions with Industry Peers

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Wells Fargo

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Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

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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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