Penns Woods Bancorp, Inc. Sustainability Profile
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 19 is lower than 81% 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 no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The company has not set any formal reduction targets or climate pledges, as evidenced by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data cascaded from the parent organization, with the latest figures reflecting a corporate family relationship. The emissions data is sourced from Penns Woods Bancorp, Inc. itself, with no additional information provided on upstream or downstream emissions. While the company operates in the financial sector, which typically has lower direct emissions compared to manufacturing industries, it is essential for them to establish clear climate commitments and reduction strategies to align with industry standards and stakeholder expectations.
How Carbon Intensive is Penns Woods Bancorp, Inc.'s Industry?
How Carbon Intensive is Penns Woods Bancorp, Inc.'s Location?
Penns Woods 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.
Penns Woods 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.
