PB Bancorp, Inc. Sustainability Profile
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.
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
PB Bancorp, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 or related organizations has been provided. As the company moves forward, it may consider adopting industry-standard climate initiatives and setting measurable targets to enhance its sustainability profile and align with global climate goals.
How Carbon Intensive is PB Bancorp, Inc.'s Industry?
How Carbon Intensive is PB Bancorp, Inc.'s Location?
PB Bancorp, 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.
PB Bancorp, 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.
