Shore Bancshares, Inc. Sustainability Profile
Shore Bancshares, Inc., a prominent financial services holding company, is headquartered in the United States, specifically in Easton, Maryland. Founded in 1996, the company has established itself as a key player in the banking industry, primarily serving the Mid-Atlantic region. Shore Bancshares operates through its subsidiaries, including Shore United Bank, offering a range of financial products and services such as personal and commercial banking, wealth management, and mortgage solutions. What sets Shore Bancshares apart is its commitment to community-focused banking, emphasising personalised service and local engagement. Over the years, the company has achieved significant milestones, including strategic acquisitions that have expanded its market presence. With a strong reputation for reliability and customer satisfaction, Shore Bancshares continues to solidify its position as a trusted financial partner in the region.
DitchCarbon Score
How does Shore Bancshares, 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
Shore Bancshares, Inc.'s score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shore Bancshares, Inc.'s reported carbon emissions
Shore Bancshares, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that Shore Bancshares, Inc. may still be in the early stages of developing a comprehensive climate strategy. As the financial services industry increasingly prioritises sustainability, Shore Bancshares, Inc. may benefit from establishing clear climate commitments and reduction initiatives to align with industry standards and expectations. Without specific emissions data or targets, the company has an opportunity to enhance its environmental responsibility and transparency in the future.
How Carbon Intensive is Shore Bancshares, Inc.'s Industry?
How Carbon Intensive is Shore Bancshares, Inc.'s Location?
Shore Bancshares, 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.
Shore Bancshares, 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.
