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Financial Intermediation
US
updated 7 days ago

Summit State Bank

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.

30

Industry Benchmark

Summit State Bank's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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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 kg CO2e emissions. Consequently, there are no specific reduction targets or climate commitments outlined in their sustainability initiatives. The bank has not adopted any Science-Based Targets Initiative (SBTi) reduction targets or made any public climate pledges. In the absence of reported emissions data, it is essential to note that many organisations in the financial sector are increasingly focusing on sustainability and climate commitments. Summit State Bank may be aligning with industry trends, but specific details regarding their climate strategy or initiatives are not disclosed at this time.

Industry emissions intensity

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.

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 State Bank 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 State Bank 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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