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Financial Intermediation
US
updated 6 months ago

Sandy Spring Bank

Company website

Sandy Spring Bank, a prominent financial institution headquartered in the United States, has been serving communities since its founding in 1868. With a strong presence in Maryland, Virginia, and Washington, D.C., the bank operates within the banking and financial services industry, offering a range of products tailored to meet the needs of individuals and businesses alike. The bank's core services include personal banking, commercial lending, and wealth management, distinguished by a commitment to personalised customer service and community engagement. Over the years, Sandy Spring Bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. As a trusted partner in the region, Sandy Spring Bank continues to uphold its reputation for reliability and innovation in the financial sector.

DitchCarbon Score

How does Sandy Spring 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.

25

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.

28

Industry Benchmark

Sandy Spring Bank's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Sandy Spring Bank's reported carbon emissions

Sandy Spring 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 is a current subsidiary and does not inherit emissions data from a parent company. While there are no documented reduction targets or climate pledges, Sandy Spring Bank is committed to sustainability initiatives. However, without specific emissions data or reduction targets, it is challenging to assess their current climate impact or commitments in detail. As a financial institution, Sandy Spring Bank is part of an industry increasingly focused on reducing carbon footprints and enhancing climate resilience. The bank's future climate strategies may align with broader industry trends, but specific commitments or achievements have not been disclosed at this time.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sandy Spring Bank'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 Sandy Spring Bank 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.

Sandy Spring Bank 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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