South State Bank, officially known as South State Corporation, is a prominent financial institution headquartered in the United States. Established in 1934, the bank has grown significantly, primarily serving the southeastern regions, including South Carolina, Georgia, and Florida. As a key player in the banking industry, South State Bank offers a comprehensive range of services, including personal banking, commercial lending, and wealth management. What sets South State Bank apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. Over the years, the bank has achieved notable milestones, including strategic acquisitions that have expanded its footprint and enhanced its service offerings. With a solid market position, South State Bank continues to be recognised for its financial stability and innovative solutions tailored to meet the diverse needs of its customers.
How does South State Bank'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.
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.
South State Bank's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
South State Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of SouthState Bank, National Association, and any emissions data would be inherited from this parent organisation. As of now, South State Bank has not established any documented reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of specific commitments or targets suggests that the bank is still in the early stages of formalising its climate strategy. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives. However, without specific data or commitments, it is unclear how South State Bank plans to align with these industry trends or address its carbon footprint.
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 State Bank 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.