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Financial Intermediation
US
updated 2 days ago

Northway Financial, Inc.

Company website

Northway Financial, Inc., commonly known as Northway Bank, is a prominent financial institution headquartered in the United States. Established in 1891, the bank has a rich history of serving communities across New Hampshire and parts of Maine, offering a range of banking and financial services. Specialising in personal and commercial banking, Northway Bank provides unique products such as tailored loan solutions, competitive mortgage options, and comprehensive wealth management services. The bank is recognised for its commitment to customer service and community involvement, positioning itself as a trusted partner in financial growth. With a strong market presence and a focus on innovation, Northway Financial continues to achieve notable milestones, reinforcing its reputation as a leader in the regional banking industry.

DitchCarbon Score

How does Northway Financial, 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.

25

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

Northway Financial, Inc.'s score of 25 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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Northway Financial, Inc.'s reported carbon emissions

Northway Financial, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a merged entity, and its climate commitments and emissions data are cascaded from Camden National Corporation, which is at a cascade level of 1. As of now, Northway Financial has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the financial services industry, it is increasingly important for organisations to set measurable targets and report on their carbon emissions to align with global climate goals. Northway Financial's future commitments and initiatives will be crucial in addressing climate change and enhancing sustainability within its operations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Northway Financial, Inc.'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 Northway Financial, 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.

Northway Financial, 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

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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