SB Financial Group, Inc.
SB Financial Group, Inc., commonly referred to as SB Financial, is a prominent financial services provider headquartered in the United States. Established in 1897, the company has a rich history of serving communities across various regions, with a strong presence in Ohio and surrounding areas. Operating within the banking and financial services industry, SB Financial offers a diverse range of products, including personal and commercial banking, investment services, and insurance solutions. What sets SB Financial apart is its commitment to personalised service and community engagement, ensuring clients receive tailored financial advice. With a solid market position, SB Financial has achieved notable milestones, including consistent growth in assets and a reputation for reliability. The company continues to innovate, adapting to the evolving financial landscape while maintaining its core values of integrity and customer focus.
DitchCarbon Score
How does SB Financial Group, 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
SB Financial Group, Inc.'s score of 28 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SB Financial Group, Inc.'s reported carbon emissions
In 2021, SB Financial Group, Inc. reported total carbon emissions of approximately 9,389,000 kg CO2e. This figure includes Scope 1 emissions of about 1,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 2,852,000 kg CO2e. The majority of their emissions, around 6,536,000 kg CO2e, fall under Scope 3, which includes significant contributions from business travel (about 1,050,000 kg CO2e) and fuel and energy-related activities (approximately 3,352,000 kg CO2e). Comparatively, in 2020, the company emitted about 9,734,000 kg CO2e, with Scope 1 emissions remaining consistent at around 1,000 kg CO2e, while Scope 2 emissions were approximately 1,619,000 kg CO2e. Scope 3 emissions were higher at about 8,114,000 kg CO2e, indicating a notable reliance on upstream activities. Despite these figures, SB Financial Group, Inc. has not set specific reduction targets or climate pledges, nor do they inherit any emissions data from a parent company. Their commitment to addressing climate change remains unspecified, highlighting an opportunity for future initiatives in sustainability and emissions reduction.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 4,000 | 0,000 | 0,000 |
| Scope 2 | 1,807,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 19,963,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
SB Financial Group, 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.
