Suffolk Bancorp Sustainability Profile
Suffolk Bancorp, also known as Suffolk County National Bank, is a prominent financial institution headquartered in the United States, specifically in Riverhead, New York. Founded in 1890, the bank has established itself as a key player in the banking industry, primarily serving the Long Island region and surrounding areas. Specialising in a range of financial services, Suffolk Bancorp offers personal and commercial banking, wealth management, and mortgage solutions, distinguished by its commitment to customer service and community engagement. The bank has achieved notable milestones, including consistent growth in assets and a strong market presence, positioning itself as a trusted partner for individuals and businesses alike. With a focus on innovation and local expertise, Suffolk Bancorp continues to thrive in a competitive landscape.
DitchCarbon Score
How does Suffolk Bancorp'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
Suffolk Bancorp's score of 42 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Suffolk Bancorp currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The organisation is a merged entity, and its climate-related data is cascaded from M&T Bank Corporation, which operates at a cascade level of 2. As of now, Suffolk Bancorp has not established any documented reduction targets or climate pledges. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate commitments. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies. Suffolk Bancorp's future climate commitments may align with industry trends, but specific details remain unspecified at this time.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 35,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 29,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Suffolk Bancorp's Industry?
How Carbon Intensive is Suffolk Bancorp's Location?
Suffolk Bancorp's Scope 3 Categories Breakdown
Suffolk Bancorp's Scope 3 emissions, which increased by 60% last year and increased by approximately 125% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 12% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Suffolk Bancorp'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.
Suffolk Bancorp 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.
