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

Randolph Bancorp, Inc.

Company website

Randolph Bancorp, Inc., a prominent player in the financial services sector, is headquartered in the United States. Founded in 1888, the company has established a strong presence in the banking industry, primarily serving the New England region. Randolph Bancorp is known for its commitment to community banking, offering a range of core products and services, including personal and commercial loans, deposit accounts, and mortgage solutions. What sets Randolph Bancorp apart is its focus on personalised customer service and community engagement, fostering long-term relationships with clients. Over the years, the company has achieved significant milestones, reinforcing its market position as a trusted financial partner. With a dedication to innovation and customer satisfaction, Randolph Bancorp continues to thrive in an ever-evolving financial landscape.

DitchCarbon Score

How does Randolph 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.

34

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.

29

Industry Benchmark

Randolph Bancorp, Inc.'s score of 34 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Randolph Bancorp, Inc.'s reported carbon emissions

In 2023, Randolph Bancorp, Inc. reported significant carbon emissions, totalling approximately 1,076,371,000 kg CO2e for Scope 1 emissions and about 6,817,000 kg CO2e for Scope 2 emissions globally. Additionally, their Scope 3 emissions reached approximately 21,938,470 kg CO2e, with notable contributions from business travel (about 6,204,980 kg CO2e) and employee commuting (approximately 10,583,000 kg CO2e). For the US specifically, the company disclosed Scope 2 emissions of about 7,467,000 kg CO2e in 2023, an increase from approximately 7,206,000 kg CO2e in 2022. This indicates a growing reliance on energy sources contributing to their carbon footprint. Despite the substantial emissions figures, Randolph Bancorp, Inc. has not set specific reduction targets or initiatives as part of their climate commitments. The absence of Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges suggests a need for enhanced climate action strategies. The emissions data is cascaded from the parent company, indicating a merged entity relationship, which may influence their overall sustainability strategy. As the company continues to assess its environmental impact, establishing clear reduction goals will be crucial for aligning with industry standards and addressing climate change effectively.

Unlock detailed emissions data

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

2020202120222023
Scope 1
1,085,215,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
-
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Randolph 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 Randolph 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.

Randolph 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?

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