Penn Bancshares, Inc. Sustainability Profile
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.
DitchCarbon Score
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.
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
Penn Bancshares, Inc.'s score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Penn Bancshares, Inc.'s reported carbon emissions
Penn Bancshares, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that Penn Bancshares, Inc. may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial sector increasingly prioritises climate action, it will be essential for the company to consider developing strategies to measure and reduce its environmental impact in line with industry standards.
How Carbon Intensive is Penn Bancshares, Inc.'s Industry?
How Carbon Intensive is Penn Bancshares, Inc.'s Location?
Penn Bancshares, 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.
Penn Bancshares, 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.
