Penns Woods Bancorp, Inc.
Penns Woods Bancorp, Inc., often referred to as PWOD, is a prominent financial institution headquartered in the United States. Established in 1902, the company has a rich history of serving communities primarily in Pennsylvania and West Virginia. Operating within the banking and financial services industry, Penns Woods Bancorp offers a diverse range of products, including personal and commercial banking, wealth management, and mortgage services. What sets Penns Woods apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. The company has achieved notable milestones, including consistent growth in assets and a solid market position within its operational regions. With a focus on innovation and customer satisfaction, Penns Woods Bancorp continues to be a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Penns Woods 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
Penns Woods Bancorp, Inc.'s score of 27 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Penns Woods Bancorp, Inc.'s reported carbon emissions
In 2022, Penns Woods Bancorp, Inc. reported total carbon emissions of approximately 36,040,000 kg CO2e for Scope 1 and about 2,042,000 kg CO2e for Scope 2. This data highlights the company's commitment to tracking its greenhouse gas emissions, although no specific reduction targets or initiatives have been disclosed. The emissions data from previous years indicates a trend of decreasing emissions per unit of production in the dairy sector, with figures such as 0.0003 kg CO2e per litre in 2018, reducing to 0.0001 kg CO2e per litre by 2021. However, the company has not set formal reduction targets or joined any climate pledges, which may limit its ability to demonstrate leadership in sustainability within the industry. Overall, while Penns Woods Bancorp, Inc. has made strides in measuring its emissions, further commitments and initiatives would enhance its climate strategy and align it with industry standards for sustainability.
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| 2022 | |
|---|---|
| Scope 1 | 36,040,000 |
| Scope 2 | 2,042,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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.
Penns Woods 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.
