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Public Profile
Financial Intermediation
US
updated 8 months ago

Primis Bank Sustainability Profile

Company website

Primis Bank, headquartered in the United States, is a prominent player in the financial services industry, specialising in innovative banking solutions. Founded in 2008, the bank has established itself as a leader in digital banking, focusing on providing unique products such as high-yield savings accounts and flexible mortgage options. With a strong presence in key operational regions across the US, Primis Bank is committed to enhancing customer experiences through technology-driven services. The bank's dedication to transparency and customer-centric solutions has earned it a solid market position, making it a trusted choice for individuals and businesses alike. Notable achievements include a growing portfolio of satisfied clients and recognition for its commitment to financial innovation.

DitchCarbon Score

How does Primis 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.

25

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.

29

Industry Benchmark

Primis Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Primis Bank's reported carbon emissions

Primis Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of Primis Financial Corp., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or specific climate pledges from Primis Bank, it is important to note that emissions data and climate strategies may be inherited from its parent company, Primis Financial Corp. This relationship could potentially align Primis Bank with broader corporate sustainability goals, although specific details are not provided. As a financial institution, Primis Bank is likely aware of the increasing importance of climate commitments within the industry. However, without concrete emissions data or reduction targets, it is challenging to assess their current impact or future commitments in relation to carbon emissions.

How Carbon Intensive is Primis Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Primis Bank'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.

How Carbon Intensive is Primis Bank's Location?

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 Primis Bank is in US, which has a low grid carbon intensity relative to other regions.

Primis 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.

Primis 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.

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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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