Northway Bank Sustainability Profile
Northway Bank, headquartered in the United States, is a prominent financial institution that has been serving its communities since its founding in 1895. With a strong presence in New Hampshire and Vermont, the bank operates within the banking industry, focusing on personal and commercial banking services. Northway Bank offers a range of core products, including savings and checking accounts, loans, and investment services, distinguished by their commitment to customer service and community engagement. Over the years, the bank has achieved notable milestones, solidifying its reputation as a trusted financial partner. Recognised for its stability and customer-centric approach, Northway Bank continues to play a vital role in the economic development of the regions it serves, making it a key player in the local banking landscape.
DitchCarbon Score
How does Northway 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.
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.
Industry Benchmark
Northway Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Northway Bank's reported carbon emissions
Northway Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that Northway Bank's emissions data may be influenced by its corporate family relationship, specifically through a merger with Camden National Corporation. This relationship indicates that any potential emissions data or climate initiatives may be cascaded from Camden National Corporation, which operates at a higher corporate level. As of now, Northway Bank has not established any specific reduction targets or commitments to the Science Based Targets initiative (SBTi) or other recognised climate frameworks. The absence of reported emissions and reduction initiatives highlights an opportunity for Northway Bank to enhance its sustainability efforts and align with industry standards for climate action.
How Carbon Intensive is Northway Bank's Industry?
How Carbon Intensive is Northway Bank's Location?
Northway 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.
Northway 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.
