S&T Bancorp, Inc., a prominent financial institution headquartered in the United States, has been serving clients since its founding in 1902. With a strong presence in Pennsylvania and Ohio, S&T Bancorp operates primarily in the banking industry, offering a comprehensive range of financial services. The company is renowned for its commitment to community banking, providing personalised solutions that include commercial and retail banking, wealth management, and mortgage services. S&T Bancorp distinguishes itself through its customer-centric approach and innovative financial products, catering to both individual and business clients. Over the years, the company has achieved significant milestones, solidifying its market position as a trusted provider of financial services. With a focus on sustainable growth and community engagement, S&T Bancorp continues to enhance its reputation as a leader in the banking sector.
How does S&T 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.
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.
S&T Bancorp, Inc.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
S&T 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. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that S&T Bancorp, Inc. may not have established formal initiatives to address its carbon footprint or align with industry standards for climate action. As the financial services sector increasingly prioritises sustainability, S&T Bancorp, Inc. may benefit from developing a comprehensive climate strategy that includes measurable emissions reduction targets and participation in recognised initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Without such commitments, the company risks falling behind its peers in the industry, who are actively working to mitigate their environmental impact.
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.
S&T 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.