Southern BancShares (N.C.), Inc. Sustainability Profile
Southern BancShares (N.C.), Inc., headquartered in the United States, is a prominent player in the banking industry, primarily serving North Carolina and Virginia. Founded in 1901, the bank has established a strong reputation for its commitment to community banking and customer service excellence. Specialising in a range of financial services, Southern BancShares offers personal and commercial banking solutions, including loans, mortgages, and deposit accounts. What sets them apart is their focus on personalised service and local decision-making, ensuring that customers receive tailored financial solutions. With a robust market position, Southern BancShares has achieved significant milestones over the years, including strategic expansions and a growing customer base. Their dedication to fostering community relationships and providing innovative banking products has solidified their status as a trusted financial partner in the region.
DitchCarbon Score
How does Southern BancShares (N.C.), 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
Southern BancShares (N.C.), Inc.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Southern BancShares (N.C.), Inc.'s reported carbon emissions
Southern BancShares (N.C.), Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no documented Scope 1, 2, or 3 emissions available for analysis. Additionally, the company has not established any formal reduction targets or climate pledges, which suggests a lack of publicly available commitments towards carbon neutrality or emissions reduction initiatives. As there is no inherited emissions data from a parent or related organization, all information regarding climate commitments is based solely on the company's own disclosures, which are currently non-existent. In the context of the financial services industry, it is increasingly important for institutions like Southern BancShares to develop and communicate clear climate strategies and reduction targets to align with global sustainability efforts.
How Carbon Intensive is Southern BancShares (N.C.), Inc.'s Industry?
How Carbon Intensive is Southern BancShares (N.C.), Inc.'s Location?
Southern BancShares (N.C.), 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.
Southern BancShares (N.C.), 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.
