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Public Profile
Financial Intermediation
US
updated 8 days ago

Northeast Bank

Company website

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.

DitchCarbon Score

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.

36

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.

28

Industry Benchmark

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.

61%

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Northeast Bank's reported carbon emissions

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Northeast 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. This request for Northeast Bank 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.

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.

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?

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