Peoples Bancorp Inc. Sustainability Profile
Peoples Bancorp Inc., commonly referred to as Peoples Bank, is a prominent financial institution headquartered in the United States. Established in 1902, the company has grown to serve a diverse clientele across several key operational regions, primarily in the Midwest and Southeast. As a leader in the banking industry, Peoples Bancorp offers a comprehensive range of services, including personal and commercial banking, wealth management, and mortgage solutions. What sets Peoples Bank apart is its commitment to community engagement and customer-centric service, fostering long-lasting relationships with clients. Over the years, the bank has achieved significant milestones, including expansions and technological advancements that enhance customer experience. With a strong market position, Peoples Bancorp continues to be recognised for its financial stability and innovative offerings, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Peoples 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
Peoples Bancorp Inc.'s score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Peoples Bancorp Inc.'s reported carbon emissions
In 2023, Peoples Bancorp Inc. reported a greenhouse gas (GHG) emission intensity of approximately 5,390 kg CO2e per employee. This figure reflects the company's operational impact, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2022, the GHG emission intensity was slightly higher at about 5,900 kg CO2e per employee, indicating a minor improvement in emissions per capita. Currently, Peoples Bancorp Inc. has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges or documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As of now, there is no cascaded emissions data from a parent or related organization, indicating that all reported figures are directly from Peoples Bancorp Inc. The company operates within a broader industry context that increasingly prioritises sustainability and carbon footprint reduction, which may influence future commitments and reporting practices.
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Peoples 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.
Peoples 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.
