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Public Profile
Services Auxiliary to Financial Intermediation
US
updated 5 months ago

Provident Bancorp, Inc.

Company website

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.

23

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.

39

Industry Benchmark

Provident Bancorp, Inc.'s score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

27%

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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 will be essential for Provident Bancorp, Inc. to consider developing and implementing strategies to measure and reduce its environmental impact in alignment with industry standards.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Provident Bancorp, Inc.'s primary industry is Services auxiliary to financial intermediation (67), 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 Provident Bancorp, Inc. 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.

Provident Bancorp, Inc. 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?

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

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