South Atlantic Bancshares, Inc. Sustainability Profile
South Atlantic Bancshares, Inc., commonly referred to as South Atlantic Bank, is a prominent financial institution headquartered in the United States. Established in 2007, the bank has made significant strides in the banking industry, primarily serving the South Carolina region with a focus on personal and commercial banking solutions. South Atlantic Bank offers a range of core products and services, including checking and savings accounts, loans, and wealth management, distinguished by their commitment to personalised customer service and community engagement. With a strong market position, the bank has garnered recognition for its innovative approach to banking and its dedication to fostering local economic growth. As it continues to expand its footprint, South Atlantic Bancshares remains a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does South Atlantic 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
South Atlantic Bancshares, Inc.'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.
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South Atlantic Bancshares, Inc.'s reported carbon emissions
South Atlantic 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 climate commitments suggests that South Atlantic Bancshares, Inc. may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial sector increasingly prioritises climate action, it is essential for organisations like South Atlantic Bancshares to consider developing and implementing strategies to measure and reduce their environmental impact.
How Carbon Intensive is South Atlantic Bancshares, Inc.'s Industry?
How Carbon Intensive is South Atlantic Bancshares, Inc.'s Location?
South Atlantic 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.
South Atlantic 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.
