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Financial Intermediation
US
updated a month ago

State Bank of Howards Grove

Company website

State Bank of Howards Grove, often referred to as SBHG, is a prominent financial institution headquartered in Howards Grove, Wisconsin, USA. Established in 1891, the bank has a rich history of serving the local community and has expanded its operations across several regions in the state. As a member of the banking industry, State Bank of Howards Grove offers a range of core products and services, including personal and business banking, loans, and investment solutions. What sets SBHG apart is its commitment to personalised customer service and community involvement, fostering strong relationships with clients. With a solid market position, State Bank of Howards Grove has achieved notable milestones, including recognition for its financial stability and customer satisfaction. The bank continues to uphold its legacy of trust and reliability in the financial sector.

DitchCarbon Score

How does State Bank of Howards Grove'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.

28

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.

30

Industry Benchmark

State Bank of Howards Grove's score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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State Bank of Howards Grove's reported carbon emissions

Inherited from Webster Bank, N.A.

State Bank of Howards Grove currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that State Bank of Howards Grove is a merged entity, and its emissions data may be influenced by its relationship with Webster Financial Corporation. This connection implies that any relevant climate performance metrics or initiatives could be derived from Webster Bank, N.A., which operates at a cascade level of 1. As of now, without specific emissions data or reduction targets, the bank's climate strategy remains unclear. The absence of reported figures highlights a potential area for development in their sustainability efforts, particularly in establishing measurable goals and transparent reporting practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2023
Scope 1
3,656,200
Scope 2
7,514,100
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. State Bank of Howards Grove'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 State Bank of Howards Grove 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.

State Bank of Howards Grove 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

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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