PeoplesSouth Bank, headquartered in the United States, is a prominent financial institution that has been serving communities since its founding in 1996. With a strong presence in the southeastern region, the bank offers a comprehensive range of banking services, including personal and business banking, loans, and investment solutions. Renowned for its commitment to customer service and community engagement, PeoplesSouth Bank has achieved significant milestones, including the expansion of its branch network and the introduction of innovative digital banking solutions. The bank's core offerings are designed to meet the diverse needs of its clients, setting it apart in a competitive market. With a focus on building lasting relationships, PeoplesSouth Bank continues to solidify its position as a trusted financial partner, dedicated to fostering economic growth and stability in the communities it serves.
How does PeoplesSouth 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.
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.
PeoplesSouth Bank's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PeoplesSouth Bank, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. As a current subsidiary, PeoplesSouth Bank may inherit climate-related data and initiatives from its parent organisation, but no specific information has been provided regarding such cascaded data. Without concrete emissions data or reduction targets, it is challenging to assess the bank's environmental impact or commitment to sustainability. In the broader context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to mitigate their carbon footprints. However, without specific commitments or data, PeoplesSouth Bank's position in this evolving landscape remains unclear.
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.
PeoplesSouth 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.
