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Public Profile
Financial Intermediation
US
updated a month ago

Summit State Bank Sustainability Profile

Company website

Summit State Bank, headquartered in the United States, is a prominent financial institution that has been serving its community since its founding in 1982. With a strong presence in Northern California, the bank focuses on providing personalised banking solutions tailored to both individuals and businesses. Specialising in commercial banking, personal banking, and wealth management, Summit State Bank distinguishes itself through its commitment to customer service and local expertise. The bank's core offerings include business loans, personal accounts, and investment services, all designed to meet the unique needs of its clients. Recognised for its stability and community involvement, Summit State Bank has achieved notable milestones, solidifying its position as a trusted partner in the financial sector. With a dedication to fostering long-term relationships, the bank continues to thrive in an ever-evolving market.

DitchCarbon Score

How does Summit State Bank'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.

29

Industry Benchmark

Summit State Bank's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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Summit State Bank's reported carbon emissions

Summit State Bank currently does not report any carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established specific reduction targets or initiatives related to climate commitments. Without emissions data or defined climate strategies, it is challenging to assess their environmental impact or commitments within the industry context. As such, Summit State Bank's approach to carbon emissions and climate action remains unclear at this time.

How Carbon Intensive is Summit State Bank's Industry?

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

How Carbon Intensive is Summit State Bank's Location?

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 State Bank is in US, which has a low grid carbon intensity relative to other regions.

Summit State Bank'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 State Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Summit State Bank's Emissions with Industry Peers

Fauquier Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Riverview Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 30 days ago

Us Bancorp

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

SoFi

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Truist

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

United Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

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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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