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Public Profile
Financial Intermediation
US
updated 5 months ago

Summit Bancshares, Inc.

Company website

Summit Bancshares, Inc., commonly referred to as Summit Bank, is a prominent financial institution headquartered in the United States. Established in 2005, the bank has made significant strides in the banking sector, particularly in the Pacific Northwest and surrounding regions. Specialising in commercial banking, Summit Bank offers a range of core services, including business loans, treasury management, and personal banking solutions. What sets Summit Bank apart is its commitment to personalised service and community engagement, fostering strong relationships with clients. With a focus on innovation and customer satisfaction, Summit Bancshares has positioned itself as a trusted partner for businesses and individuals alike, achieving notable recognition within the industry for its robust financial performance and community involvement.

DitchCarbon Score

How does Summit 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

Summit 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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Summit Bancshares, Inc.'s reported carbon emissions

Summit 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, the company has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or other industry standards. As a result, there are no significant achievements or targets to highlight regarding their carbon footprint or climate commitments. Without emissions data or reduction initiatives, it is unclear how Summit Bancshares, Inc. is addressing climate change within its operations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Summit 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 Summit 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.

Summit 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?

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