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.
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.
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.
Pinnacle Bankshares Corporation'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.
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 commitments, such as those aligned with the Science Based Targets initiative (SBTi) or other industry standards. As a result, Pinnacle Bankshares Corporation's climate strategy remains unclear, and there are no inherited emissions data from a parent or related organization. The lack of emissions reporting and reduction initiatives suggests that the company may need to enhance its focus on sustainability and climate action to align with industry best practices.
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.
Pinnacle Bankshares Corporation 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.
