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Public Profile
Financial Intermediation
US
updated 5 months ago

Pinnacle Bankshares Corporation

Company website

Pinnacle Bankshares Corporation, often referred to as Pinnacle Bank, is a prominent financial institution headquartered in the United States. Established in 2000, the company has made significant strides in the banking sector, primarily serving communities in Virginia and surrounding regions. As a member of the banking industry, Pinnacle Bankshares focuses on providing a range of financial services, including personal and commercial banking, mortgage lending, and wealth management. What sets Pinnacle Bank apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. Over the years, the bank has achieved notable milestones, including consistent growth in assets and a solid reputation for financial stability. With a focus on innovation and customer satisfaction, Pinnacle Bankshares Corporation continues to strengthen its market position as a trusted financial partner in the communities it serves.

DitchCarbon Score

How does Pinnacle Bankshares Corporation'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.

23

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.

27

Industry Benchmark

Pinnacle Bankshares Corporation's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Pinnacle Bankshares Corporation's reported carbon emissions

Pinnacle Bankshares Corporation, headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that Pinnacle Bankshares Corporation may not have established formal climate commitments or initiatives aimed at reducing its carbon footprint. In the context of the financial services industry, many organisations are increasingly adopting sustainability practices and setting science-based targets to mitigate climate impact. However, without specific emissions data or commitments, it is unclear how Pinnacle Bankshares Corporation aligns with these industry trends. As the company continues to operate, it may consider developing a strategy to address climate-related risks and opportunities, which could enhance its sustainability profile in the future.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Pinnacle Bankshares Corporation'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 Pinnacle Bankshares Corporation 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.

Pinnacle Bankshares Corporation 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

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Where does DitchCarbon data come from?

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