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Financial Intermediation
US
updated 7 months ago

Somerset Trust Company

Company website

Somerset Trust Company, a prominent financial institution headquartered in the United States, has been serving clients since its establishment in 1889. With a strong presence in Pennsylvania and surrounding regions, the company operates within the banking industry, focusing on community banking, wealth management, and commercial lending. Renowned for its personalised customer service and innovative financial solutions, Somerset Trust Company offers a range of core products, including personal and business banking services, mortgages, and investment management. The company has achieved notable milestones, positioning itself as a trusted partner for individuals and businesses alike. With a commitment to community engagement and financial empowerment, Somerset Trust Company continues to solidify its reputation as a leader in the regional banking sector.

DitchCarbon Score

How does Somerset 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.

28

Industry Benchmark

Somerset Trust Company's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Somerset Trust Company's reported carbon emissions

Somerset Trust Company, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is identified as a current subsidiary and does not inherit emissions data from a parent organization. Consequently, there are no documented reduction targets or climate pledges at this time. While Somerset Trust Company has not publicly committed to specific climate initiatives or reduction targets, it is essential to note that many organisations in the financial sector are increasingly focusing on sustainability and carbon neutrality. This trend reflects a broader industry commitment to addressing climate change and reducing carbon footprints. As the company continues to develop its environmental strategy, stakeholders may anticipate future disclosures regarding emissions and climate commitments.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Somerset Trust Company'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 Somerset Trust Company 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.

Somerset Trust Company 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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