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OrganisationsSummit Financial Group, Inc.
Summit Financial Group, Inc. logo

Summit Financial Group, Inc.

Financial IntermediationUnited States
Last verified 10 months ago

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.

25
DitchCarbon score

-12 vs industry average

Summit Financial Group, Inc.’s score of 25 is lower than 32% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Reported emissions

No reported emissions data is available for Summit Financial Group, Inc. yet.

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.

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Summit Financial Group, Inc.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Summit Financial Group, Inc. yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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25
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Ditchcarbonv260724.2
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