Old Point Financial Corporation Sustainability Profile
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 19 is lower than 78% 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, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a result, Old Point Financial Corporation's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent company or corporate family. The lack of reported emissions and reduction strategies suggests that the organisation may still be in the early stages of developing a comprehensive climate action plan. In the context of the financial industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to mitigate their environmental impact. However, without specific data or commitments, it is challenging to assess Old Point Financial Corporation's position in this evolving landscape.
How Carbon Intensive is Old Point Financial Corporation's Industry?
How Carbon Intensive is Old Point Financial Corporation's Location?
Old Point Financial Corporation'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.
Old Point Financial Corporation 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.
