Southside Bancshares, Inc. Sustainability Profile
Southside Bancshares, Inc., commonly known as Southside Bank, is a prominent financial institution headquartered in the United States. Established in 1960, the bank has grown to serve a diverse clientele across East Texas and beyond, offering a comprehensive range of banking services. Specialising in commercial and retail banking, Southside Bank provides unique products such as personal and business loans, mortgage services, and wealth management solutions. The bank is recognised for its commitment to customer service and community involvement, which sets it apart in the competitive banking landscape. With a strong market position, Southside Bancshares has achieved significant milestones, including consistent growth in assets and a robust network of branches. Its dedication to innovation and customer satisfaction continues to drive its success in the financial services industry.
DitchCarbon Score
How does Southside 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
Southside 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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Southside Bancshares, Inc.'s reported carbon emissions
Southside 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 Southside Bancshares 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 Southside Bancshares to consider developing and communicating its environmental strategies to align with industry standards and stakeholder expectations.
How Carbon Intensive is Southside Bancshares, Inc.'s Industry?
How Carbon Intensive is Southside Bancshares, Inc.'s Location?
Southside 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.
Southside 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.
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