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Public Profile
Financial Intermediation
US
updated 5 months ago

South Atlantic Bancshares, Inc.

Company website

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.

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

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.

31%

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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.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. South Atlantic Bancshares, Inc.'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 South Atlantic Bancshares, Inc. 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.

South Atlantic Bancshares, 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.

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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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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