Penn Bancshares, Inc., a prominent financial institution headquartered in the United States, has been serving its community since its founding in 1902. With a strong presence in the Mid-Atlantic region, the company operates primarily in the banking sector, offering a range of financial services tailored to meet the needs of both individuals and businesses. Specialising in personal and commercial banking, Penn Bancshares distinguishes itself through its commitment to customer service and community engagement. The bank provides core products such as savings and checking accounts, loans, and investment services, all designed to foster financial growth and stability. Recognised for its solid market position, Penn Bancshares has achieved significant milestones over the years, including consistent growth in assets and a reputation for reliability. As a trusted partner in financial services, the company continues to uphold its legacy of excellence in the banking industry.
How does Penn Bancshares, 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.
Penn Bancshares, Inc.'s score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Penn Bancshares, Inc., headquartered in the US, currently does not have available carbon emissions data for recent years, as no specific figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions figures to analyse. In the absence of concrete emissions data, it is important to note that the company has not outlined any specific reduction targets or climate commitments. This lack of information suggests that Penn Bancshares may still be in the early stages of developing a comprehensive climate strategy or may not have publicly disclosed their initiatives. As the financial sector increasingly prioritises sustainability, it is essential for institutions like Penn Bancshares to establish clear climate commitments and reduction targets to align with industry standards and 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.
Penn Bancshares, Inc. is not committed to any reduction initiatives 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.