Susquehanna Bancshares, Inc. Sustainability Profile
Susquehanna Bancshares, Inc., commonly referred to as Susquehanna Bank, is a prominent financial institution headquartered in the United States. Established in 1901, the bank has a rich history of serving communities across Pennsylvania, Maryland, New Jersey, and West Virginia. Operating within the banking and financial services industry, Susquehanna Bancshares offers a diverse range of products, including personal and commercial banking, wealth management, and mortgage services. What sets Susquehanna apart is its commitment to personalised customer service and community engagement, fostering long-term relationships with clients. Over the years, the bank has achieved significant milestones, including strategic expansions and technological advancements that enhance customer experience. With a strong market position, Susquehanna Bancshares continues to be a trusted partner for individuals and businesses seeking reliable financial solutions.
DitchCarbon Score
How does Susquehanna 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.
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
Susquehanna Bancshares, Inc.'s score of 54 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Susquehanna Bancshares, Inc. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is identified as a merged entity, inheriting emissions data and climate commitments from its parent organisation, Truist Financial Corporation. As of now, there are no documented reduction targets or climate pledges specific to Susquehanna Bancshares, Inc. However, it is important to note that the climate initiatives and performance metrics are cascaded from Truist Financial Corporation, which may have its own sustainability strategies and targets. In the context of the financial services industry, many organisations are increasingly focusing on reducing their carbon footprints and committing to science-based targets. While specific initiatives from Susquehanna Bancshares, Inc. are not detailed, the broader industry trend suggests a growing emphasis on sustainability and climate responsibility. For further insights into their climate commitments, stakeholders may need to refer to the initiatives and performance metrics of Truist Financial Corporation, as these may reflect the overarching goals and strategies that influence Susquehanna Bancshares, Inc.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,524,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 218,277,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 90,435,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Susquehanna Bancshares, Inc.'s Industry?
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Susquehanna Bancshares, Inc.'s Scope 3 Categories Breakdown
Susquehanna Bancshares, Inc.'s Scope 3 emissions, which increased by 338% last year and increased by approximately 318% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 73% of Scope 3 emissions.
Top Scope 3 Categories
Susquehanna Bancshares, 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.
Susquehanna Bancshares, 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.
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