Old Point Financial Corporation
Old Point Financial Corporation, often referred to as Old Point, is a prominent financial institution headquartered in the United States, specifically in Hampton, Virginia. Established in 1922, the company has built a strong reputation in the banking sector, primarily serving the Hampton Roads region and surrounding areas. As a full-service bank, Old Point offers a diverse range of financial products and services, including personal and commercial banking, mortgage lending, and wealth management. What sets Old Point apart is its commitment to personalised customer service and community engagement, fostering long-term relationships with clients. With a focus on innovation and stability, Old Point Financial Corporation has achieved notable milestones, including consistent growth in assets and a strong market presence. Its dedication to serving the local community has solidified its position as a trusted financial partner in the region.
DitchCarbon Score
How does Old Point Financial Corporation'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
Old Point Financial Corporation's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Old Point Financial Corporation's reported carbon emissions
Old Point Financial Corporation has not reported any specific carbon emissions data for the most recent year. However, the organisation has established significant climate commitments aimed at reducing its carbon footprint. For Scope 1 emissions, Old Point Financial Corporation has set a target to reduce its emissions by approximately 1.5% from 2022 levels, aiming for a total of about 267.47 tonnes CO2e by the end of 2023. In terms of Scope 2 emissions, the corporation is targeting a reduction of about 10.8%, with a goal of reaching approximately 2,528.66 tonnes CO2e by the same year. Additionally, Old Point Financial Corporation has pledged to achieve net zero emissions across all scopes by 2050, demonstrating a long-term commitment to sustainability and climate action. These initiatives reflect the organisation's proactive approach to addressing climate change and reducing its environmental impact.
Industry emissions intensity
Location emissions intensity
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.
Old Point Financial Corporation 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.
