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Financial Intermediation
US
updated 18 days ago

Provident Bank of Maryland

Company website

Provident Bank of Maryland, a prominent financial institution headquartered in the United States, has been serving the community since its establishment in 1886. With a strong presence in Maryland and surrounding regions, the bank operates within the banking and financial services industry, offering a diverse range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, Provident Bank distinguishes itself through its commitment to customer service and innovative financial solutions. Over the years, the bank has achieved significant milestones, including the expansion of its branch network and the introduction of advanced digital banking services. Recognised for its stability and community involvement, Provident Bank of Maryland continues to solidify its position as a trusted partner in financial growth and security.

DitchCarbon Score

How does Provident Bank of Maryland'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.

42

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.

30

Industry Benchmark

Provident Bank of Maryland's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Provident Bank of Maryland's reported carbon emissions

Inherited from M&T Bank Corporation

Provident Bank of Maryland currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that Provident Bank of Maryland's emissions data and performance metrics are cascaded from its parent company, M&T Bank Corporation, at a cascade level of 2. This means that any climate-related initiatives or targets may be influenced by M&T Bank Corporation's broader sustainability strategies. As of now, without specific emissions data or reduction targets, it is unclear how Provident Bank of Maryland is addressing its carbon footprint or contributing to climate action. The bank may benefit from aligning with industry standards and setting measurable targets to enhance its environmental impact and transparency.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
35,166,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
29,992,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
3,345,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

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

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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