Summit Financial Group, Inc. Sustainability Profile
Summit Financial Group, Inc., a prominent player in the financial services industry, is headquartered in the United States and operates extensively across various regions. Founded in 1995, the company has established itself as a trusted provider of comprehensive financial solutions, including investment management, retirement planning, and insurance services. Summit Financial Group is renowned for its client-centric approach, offering tailored strategies that cater to individual financial goals. With a commitment to innovation and excellence, the firm has achieved significant milestones, positioning itself as a leader in the market. Its unique blend of expertise and personalised service has garnered a loyal client base, making Summit Financial Group a distinguished name in the financial landscape.
DitchCarbon Score
How does Summit Financial Group, 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
Summit Financial Group, Inc.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Summit Financial Group, Inc.'s reported carbon emissions
Summit Financial Group, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a merged entity, inheriting its climate-related commitments and data from Burke & Herbert Financial Services Corp. at a cascade level of 1. Despite the lack of direct emissions data, Summit Financial Group, Inc. is part of a broader industry context that increasingly prioritises sustainability and climate action. The company has not publicly outlined specific reduction targets or initiatives, nor does it appear to have committed to the Science Based Targets initiative (SBTi) or other recognised climate pledges. As the financial sector continues to evolve towards greater environmental responsibility, Summit Financial Group, Inc. may benefit from aligning its strategies with industry standards and setting measurable targets to enhance its climate commitments in the future.
How Carbon Intensive is Summit Financial Group, Inc.'s Industry?
How Carbon Intensive is Summit Financial Group, Inc.'s Location?
Summit Financial Group, 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.
Summit Financial Group, 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.
