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Financial Intermediation
US
updated 6 months ago

PB Bancorp, Inc.

Company website

PB Bancorp, Inc., commonly known as Putnam Bank, is a prominent financial institution headquartered in the United States. Established in 1862, the bank has a rich history of serving communities across Connecticut and Massachusetts, providing a range of banking services tailored to meet the needs of individuals and businesses alike. Operating primarily in the banking industry, PB Bancorp offers core products such as personal and commercial loans, savings accounts, and mortgage services. What sets them apart is their commitment to personalised customer service and community engagement, fostering long-term relationships with clients. With a strong market position, PB Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and community support continues to solidify their role as a trusted financial partner in the regions they serve.

DitchCarbon Score

How does PB Bancorp, 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.

23

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

PB Bancorp, Inc.'s score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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PB Bancorp, Inc.'s reported carbon emissions

PB Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to address carbon emissions at this time. It is important to note that PB Bancorp, Inc. is a merged entity, and any potential emissions data or climate initiatives may be inherited from its corporate family. However, no specific information regarding emissions or climate commitments from the parent organization has been provided. As the financial services industry increasingly prioritises sustainability, PB Bancorp, Inc. may need to consider developing clear climate strategies and reduction targets to align with industry standards and stakeholder expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PB Bancorp, 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 PB Bancorp, 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.

PB Bancorp, 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

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Where does DitchCarbon data come from?

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