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SI Financial Group, Inc.
SI Financial Group, Inc., commonly referred to as SI Financial, is a prominent financial services provider headquartered in the United States. Established in 2000, the company has made significant strides in the banking sector, particularly in the New England region, where it operates a network of community-focused financial institutions. Specialising in a range of services, including commercial and residential lending, deposit accounts, and wealth management, SI Financial distinguishes itself through personalised customer service and innovative financial solutions. The firm has garnered a strong market position, recognised for its commitment to community development and sustainable banking practices. With a focus on building lasting relationships, SI Financial Group continues to evolve, adapting to the changing needs of its clients while maintaining a steadfast dedication to excellence in the financial industry.
DitchCarbon Score
How does SI 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 Services Auxiliary to 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
SI Financial Group, Inc.'s score of 29 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SI Financial Group, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years. The organisation's climate commitments and reduction initiatives are also not detailed, indicating a potential area for development in their sustainability strategy. However, it is important to note that SI Financial Group, Inc. has inherited emissions data and performance metrics from its parent company, Berkshire Hills Bancorp, Inc. This relationship suggests that any climate-related targets or achievements may be influenced by the broader corporate family’s initiatives. As of now, there are no documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. This lack of specific data highlights the need for SI Financial Group, Inc. to establish clear climate goals and reporting practices to align with industry standards and enhance transparency in their environmental impact.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,863,900 | 0,000,000 |
| Scope 2 | 1,182,300 | 000,000 |
| Scope 3 | 404,400 | 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.
SI 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.
