Sandy Spring Bancorp, Inc. Sustainability Profile
Sandy Spring Bancorp, Inc., often referred to as Sandy Spring Bank, is a prominent financial institution headquartered in the United States, specifically in Olney, Maryland. Founded in 1868, the bank has established a strong presence in the Mid-Atlantic region, providing a range of banking and financial services to both individuals and businesses. Operating primarily in the banking industry, Sandy Spring Bancorp offers unique products such as personal and commercial banking, wealth management, and mortgage services. The bank is recognised for its commitment to customer service and community involvement, which has solidified its market position as a trusted financial partner. With a history of steady growth and innovation, Sandy Spring Bancorp continues to achieve notable milestones, reinforcing its reputation as a leader in the regional banking sector.
DitchCarbon Score
How does Sandy Spring 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.
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
Sandy Spring Bancorp, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sandy Spring Bancorp, Inc.'s reported carbon emissions
Sandy Spring Bancorp, Inc., headquartered in the US, currently does not have available carbon emissions data for the most recent year. As a result, specific figures regarding their total emissions, including Scope 1, 2, and 3, are not provided. The organisation has not outlined any specific reduction targets or commitments related to carbon emissions, nor have they made any climate pledges. This lack of data may reflect a broader industry context where many financial institutions are still developing comprehensive climate strategies. It is important to note that Sandy Spring Bancorp, Inc. is identified as a merged entity, which may influence its climate reporting and commitments. However, no specific initiatives or targets have been cascaded from parent or related organisations. As the financial sector increasingly prioritises sustainability, it will be crucial for Sandy Spring Bancorp, Inc. to establish clear emissions data and reduction strategies to align with industry standards and expectations.
How Carbon Intensive is Sandy Spring Bancorp, Inc.'s Industry?
How Carbon Intensive is Sandy Spring Bancorp, Inc.'s Location?
Sandy Spring Bancorp, Inc.'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.
Sandy Spring Bancorp, Inc. 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.
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