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Public Profile
Financial Intermediation
US
updated 5 months ago

Southern States Bancshares, Inc.

Company website

Southern States Bancshares, Inc., commonly known as Southern States Bank, is a prominent financial institution headquartered in the United States. Established in 2007, the bank has rapidly expanded its footprint across key operational regions, primarily serving communities in Alabama and Georgia. As a member of the banking industry, Southern States Bank focuses on providing a comprehensive range of financial services, including personal and commercial banking, mortgage lending, and wealth management. What sets the bank apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. With a solid market position, Southern States Bancshares has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. The bank's dedication to innovation and customer satisfaction continues to drive its success in the competitive banking landscape.

DitchCarbon Score

How does Southern States 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

Southern States 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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Southern States Bancshares, Inc.'s reported carbon emissions

Southern States 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. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that Southern States Bancshares, Inc. may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial services industry increasingly prioritises climate action, it will be essential for the company to consider developing strategies to measure and reduce its environmental impact in the future.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Southern States 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 Southern States 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.

Southern States 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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