Provident Bancorp, Inc. Sustainability Profile
Provident Bancorp, Inc., commonly known as BankProv, is a prominent financial institution headquartered in the United States. Established in 1828, the bank has a rich history and has evolved to serve a diverse clientele across major operational regions, including New England and beyond. Operating within the banking industry, Provident Bancorp focuses on commercial banking, offering a range of core products and services such as business loans, treasury management, and deposit solutions. What sets BankProv apart is its commitment to innovation, particularly in the realm of digital banking and cryptocurrency services, catering to the needs of modern businesses. With a strong market position, Provident Bancorp has achieved notable milestones, including recognition for its customer-centric approach and robust financial performance, making it a trusted partner for businesses seeking reliable banking solutions.
DitchCarbon Score
How does Provident Bancorp, Inc.'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 Services Auxiliary to 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
Provident Bancorp, Inc.'s score of 17 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Provident Bancorp, Inc.'s reported carbon emissions
Provident Bancorp, Inc., 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 company. This lack of emissions data and climate commitments suggests that Provident Bancorp, Inc. may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial sector increasingly prioritises climate action, it is essential for organisations like Provident Bancorp to consider developing and disclosing their environmental strategies to align with industry standards and stakeholder expectations.
How Carbon Intensive is Provident Bancorp, Inc.'s Industry?
How Carbon Intensive is Provident Bancorp, Inc.'s Location?
Provident Bancorp, Inc.'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.
Provident Bancorp, Inc. 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.
