Northway Financial, Inc. Sustainability Profile
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.
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 Financial, Inc.'s score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
How Carbon Intensive is Northway Financial, Inc.'s Industry?
How Carbon Intensive is Northway Financial, Inc.'s Location?
Northway Financial, Inc.'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 Financial, Inc. 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.
