Shenandoah Valley National Bank Sustainability Profile
Shenandoah Valley National Bank (SVNB), headquartered in the United States, has been a cornerstone of financial services since its establishment in 1900. With a strong presence in the Shenandoah Valley region, SVNB operates primarily in the banking industry, offering a range of services including personal and commercial banking, mortgage lending, and wealth management. What sets SVNB apart is its commitment to community-focused banking, providing tailored financial solutions that meet the unique needs of its customers. Over the years, the bank has achieved significant milestones, including the expansion of its branch network and the introduction of innovative digital banking services. Recognised for its stability and customer service excellence, Shenandoah Valley National Bank continues to strengthen its market position as a trusted financial partner in the region.
DitchCarbon Score
How does Shenandoah Valley National 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
Shenandoah Valley National Bank's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shenandoah Valley National Bank's reported carbon emissions
Shenandoah Valley National Bank currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. The bank's climate commitments and reduction initiatives are also not detailed, indicating a lack of formal targets or pledges at this time. However, it is important to note that Shenandoah Valley National Bank's climate-related data is cascaded from its corporate family. Specifically, the bank inherits emissions data and climate initiatives from Summit Community Bank, Inc. at a cascade level of 1, and from Burke & Herbert Financial Services Corp. at a cascade level of 3. This relationship suggests that while Shenandoah Valley National Bank may not have its own emissions data or targets, it is part of a broader corporate structure that may have established climate commitments. As of now, Shenandoah Valley National Bank has not set any specific reduction targets or initiatives, which places it in a context where it may need to develop its own strategies to address climate change and carbon emissions in the future.
How Carbon Intensive is Shenandoah Valley National Bank's Industry?
How Carbon Intensive is Shenandoah Valley National Bank's Location?
Shenandoah Valley National 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.
Shenandoah Valley National 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.
