Northeast Bank, a prominent financial institution headquartered in the United States, has been serving clients since its establishment in 1872. With a strong presence in the Northeastern region, the bank focuses on commercial banking, residential mortgages, and investment services, catering to both individual and business needs. Renowned for its commitment to customer service, Northeast Bank offers a range of unique products, including tailored lending solutions and competitive mortgage options. The bank has achieved significant milestones, including expanding its operational footprint and enhancing digital banking capabilities. As a trusted name in the banking industry, Northeast Bank continues to solidify its market position through innovative financial solutions and a dedication to community engagement, making it a preferred choice for customers seeking reliable banking services.
How does Northeast 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.
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.
Northeast Bank's score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Northeast 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. Consequently, there are no documented Scope 1, 2, or 3 emissions to analyse. In terms of climate commitments, Northeast Bank has not established any formal reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The bank's climate strategy appears to be in its early stages, with no significant pledges or commitments publicly available at this time. As the financial sector increasingly prioritises sustainability, Northeast Bank may need to develop and communicate its climate action plans to align with industry standards and expectations.
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.
Northeast Bank is participating in some 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.