Peoples Bank Sustainability Profile
Peoples Bank, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1912. With a strong presence in North Carolina, the bank operates across several key regions, providing a range of banking services tailored to meet the needs of individuals and businesses alike. Specialising in personal and commercial banking, Peoples Bank offers unique products such as competitive mortgage options, business loans, and comprehensive wealth management services. The bank is recognised for its commitment to customer service and community involvement, positioning itself as a trusted partner in financial growth. Over the years, Peoples Bank has achieved significant milestones, including the expansion of its branch network and the introduction of innovative digital banking solutions, solidifying its reputation as a leader in the regional banking sector.
DitchCarbon Score
How does Peoples Bank'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 Bank's score of 25 is lower than 59% 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 Bank's reported carbon emissions
Peoples Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The bank has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that Peoples Bank is a current subsidiary and may inherit emissions data and climate initiatives from its parent organisation. However, no specific details regarding such cascaded data or initiatives have been provided. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. As of now, Peoples Bank has not publicly engaged in such initiatives, which may impact its competitive positioning in an industry that is progressively prioritising environmental responsibility.
How Carbon Intensive is Peoples Bank's Industry?
How Carbon Intensive is Peoples Bank's Location?
Peoples Bank'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 Bank 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.
