Revere Bank Sustainability Profile
Revere Bank, headquartered in the United States, is a prominent player in the banking industry, specialising in commercial and personal banking services. Founded in 2007, the bank has established a strong presence in key operational regions, including Maryland and Virginia, and has garnered a reputation for its customer-centric approach. Offering a range of core products such as business loans, personal banking solutions, and treasury management services, Revere Bank distinguishes itself through tailored financial solutions that meet the unique needs of its clients. The bank's commitment to community engagement and financial education has earned it notable recognition within the industry, solidifying its market position as a trusted financial partner. With a focus on innovation and service excellence, Revere Bank continues to thrive in a competitive landscape.
DitchCarbon Score
How does Revere 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.
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.
Industry Benchmark
Revere Bank's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Revere Bank's reported carbon emissions
Revere 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's emissions data is cascaded from its parent company, Sandy Spring Bank, at a level 1 relationship. This means that while Revere Bank does not report its own emissions, it is part of a larger corporate family that may have its own climate commitments and emissions data. As of now, Revere Bank has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of documented climate pledges or reduction initiatives suggests that the bank is still in the early stages of developing its climate strategy. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction. Revere Bank's commitment to addressing climate change will be crucial as it aligns with broader industry trends and regulatory expectations. As the bank progresses, it may adopt more robust climate commitments and reduction targets in the future.
How Carbon Intensive is Revere Bank's Industry?
How Carbon Intensive is Revere Bank's Location?
Revere 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.
Revere 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.
