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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.
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.
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.
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.
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.
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.