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Public Profile
Financial Intermediation
US
updated a month ago

Simsbury Bank & Trust Company Sustainability Profile

Company website

Simsbury Bank & Trust Company, often referred to simply as Simsbury Bank, is a prominent financial institution headquartered in the United States. Established in 1995, the bank has built a strong reputation in Connecticut, particularly in the Simsbury area, where it serves a diverse clientele. Operating within the banking and financial services industry, Simsbury Bank offers a range of core products, including personal and business banking, mortgage services, and wealth management solutions. What sets the bank apart is its commitment to personalised service and community engagement, fostering long-lasting relationships with its customers. With a focus on local economic development, Simsbury Bank has achieved notable milestones, positioning itself as a trusted partner in the region. Its dedication to customer satisfaction and community involvement has solidified its standing as a key player in the local banking landscape.

DitchCarbon Score

How does Simsbury Bank & Trust Company'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.

23

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.

32

Industry Benchmark

Simsbury Bank & Trust Company's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Simsbury Bank & Trust Company's reported carbon emissions

Simsbury Bank & Trust Company, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no established reduction targets or climate pledges noted. It is important to highlight that Simsbury Bank & Trust Company is a merged entity, and any potential emissions data or climate initiatives may be cascaded from its corporate family. However, no specific information regarding emissions or climate strategies from the parent organization has been provided. As the financial sector increasingly prioritises sustainability, Simsbury Bank & Trust Company may benefit from aligning with industry standards and setting measurable climate targets in the future.

How Carbon Intensive is Simsbury Bank & Trust Company's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Simsbury Bank & Trust Company's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Simsbury Bank & Trust Company's Location?

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 Simsbury Bank & Trust Company is in US, which has a low grid carbon intensity relative to other regions.

Simsbury Bank & Trust Company'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.

Simsbury Bank & Trust Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Simsbury Bank & Trust Company's Emissions with Industry Peers

Webster Financial

GB
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Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

Farmington Bank

US
•
Services auxiliary to financial intermediation (67)
Updated about 1 month ago

Peoples Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Santander Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Windsor Federal Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

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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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