People's United Bank, National Association Sustainability Profile
People's United Bank, National Association, headquartered in the United States, is a prominent player in the banking industry, primarily serving the New England and New York regions. Founded in 1842, the bank has a rich history marked by significant milestones, including its expansion through strategic acquisitions. Specialising in a range of financial services, People's United Bank offers personal and commercial banking, wealth management, and insurance solutions. Its commitment to customer service and community engagement sets it apart in a competitive market. The bank is recognised for its robust financial health and innovative digital banking solutions, catering to the evolving needs of its clients. With a strong market position, People's United Bank has received accolades for its customer satisfaction and community involvement, solidifying its reputation as a trusted financial partner.
DitchCarbon Score
How does People's United Bank, National Association'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
People's United Bank, National Association's score of 42 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
People's United Bank, National Association, headquartered in the US, currently does not have specific carbon emissions data available for recent years. The bank's climate commitments and reduction initiatives are not detailed, indicating a lack of defined targets or pledges at this time. However, it is important to note that emissions data and performance metrics may be cascaded from its parent company, M&T Bank Corporation, at a cascade level of 2. This means that any relevant climate initiatives or emissions data would be inherited from M&T Bank Corporation, which may have its own sustainability strategies and targets. As of now, People's United Bank has not publicly outlined any specific reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate-related frameworks. The absence of detailed emissions data and reduction initiatives suggests that the bank may still be in the early stages of developing its climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 35,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 29,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is People's United Bank, National Association's Industry?
How Carbon Intensive is People's United Bank, National Association's Location?
People's United Bank, National Association's Scope 3 Categories Breakdown
People's United Bank, National Association's Scope 3 emissions, which increased by 60% last year and increased by approximately 125% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 12% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
People's United Bank, National Association'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.
People's United Bank, National Association 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.
