Public Profile

Solvay Bank Corp.

Solvay Bank Corp., a prominent financial institution headquartered in the United States, has been serving its community since its founding in 1838. With a strong presence in the Northeastern region, particularly in New York, the bank operates within the banking and financial services industry, offering a range of products tailored to meet the needs of both personal and business clients. Specialising in traditional banking services, Solvay Bank provides unique offerings such as customised loan solutions, competitive savings accounts, and comprehensive wealth management services. The bank's commitment to customer service and community engagement has solidified its position as a trusted financial partner. Over the years, Solvay Bank has achieved notable milestones, reinforcing its reputation as a reliable institution in the ever-evolving financial landscape.

DitchCarbon Score

How does Solvay Bank Corp.'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.

27

Industry Benchmark

Solvay Bank Corp.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Solvay Bank Corp.'s reported carbon emissions

Solvay Bank Corp., headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or the scope of their emissions (Scope 1, 2, or 3). However, the absence of documented reduction initiatives or climate pledges suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, it is essential for institutions like Solvay Bank Corp. to establish clear commitments and measurable targets to align with industry standards and contribute to global climate goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Solvay Bank Corp.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Solvay Bank Corp. is in US, which has a low grid carbon intensity relative to other regions.

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.

Solvay Bank Corp. 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.

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

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