Southside Bank Sustainability Profile
Southside Bank, headquartered in the United States, is a prominent financial institution that has been serving communities since its founding in 1960. With a strong presence in Texas and surrounding regions, the bank operates within the banking and financial services industry, offering a comprehensive range of products tailored to meet the needs of individuals and businesses alike. Specialising in personal banking, commercial lending, and wealth management, Southside Bank distinguishes itself through its commitment to customer service and community engagement. The bank has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. With a focus on innovative banking solutions, Southside Bank continues to solidify its position as a trusted partner in the financial landscape.
DitchCarbon Score
How does Southside 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.
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 Bank's score of 25 is lower than 67% 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 Bank's reported carbon emissions
As of the latest available data, Southside Bank does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The bank is classified as a current subsidiary of Southside Bank, and any emissions data or climate commitments may be inherited from its corporate family. Currently, Southside Bank has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Additionally, there are no climate pledges or initiatives reported that would indicate a proactive approach to managing carbon emissions. In the absence of specific emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and climate action. Southside Bank may be positioned to adopt similar practices in the future, aligning with industry standards and expectations for transparency in carbon management.
How Carbon Intensive is Southside Bank's Industry?
How Carbon Intensive is Southside Bank's Location?
Southside Bank'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 Bank 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.
