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Financial Intermediation
US
updated 25 days ago

People's United Bank, National Association

Company website

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.

42

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.

30

Industry Benchmark

People's United Bank, National Association's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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People's United Bank, National Association's reported carbon emissions

Inherited from M&T Bank Corporation

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

2017201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. People's United Bank, National Association's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for People's United Bank, National Association is in US, which has a low grid carbon intensity relative to other regions.

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.

People's United Bank, National Association 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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