TEB Bancorp, Inc Sustainability Profile
TEB Bancorp, Inc., commonly known as The Equitable Bank, is a prominent financial institution headquartered in the United States. Founded in 1925, the bank has established a strong presence in the Midwest, particularly in Wisconsin, where it serves a diverse clientele. Operating within the banking industry, TEB Bancorp focuses on providing a range of financial services, including personal and commercial banking, mortgage lending, and investment solutions. What sets TEB Bancorp apart is its commitment to community engagement and customer-centric service, fostering long-term relationships with clients. The bank has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. With a dedication to innovation and a robust portfolio of products, TEB Bancorp continues to solidify its position as a trusted partner in the financial landscape.
DitchCarbon Score
How does TEB Bancorp, 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 Services Auxiliary to 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
TEB Bancorp, Inc's score of 14 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TEB Bancorp, Inc's reported carbon emissions
In 2024, TEB Bancorp, Inc. reported total carbon emissions of approximately 612,500 kg CO2e. This includes Scope 1 emissions of about 226,700 kg CO2e, primarily from mobile combustion, which accounted for approximately 91,770 kg CO2e. Scope 2 emissions were around 101,310 kg CO2e, while Scope 3 emissions totalled about 284,480 kg CO2e, with significant contributions from upstream transportation and distribution (approximately 225,680 kg CO2e) and employee commuting (about 46,510 kg CO2e). In 2023, the company reported total emissions of approximately 697,870 kg CO2e, with Scope 1 emissions at about 287,180 kg CO2e, Scope 2 emissions at approximately 106,370 kg CO2e, and Scope 3 emissions reaching about 304,320 kg CO2e. Notably, the emissions data for 2023 was cascaded from TEB Bancorp, Inc. as part of its corporate family relationship. TEB Bancorp, Inc. has not set specific reduction targets or initiatives as per the available data. The company is currently classified as a current subsidiary, inheriting emissions data from its parent organisation. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context.
How Carbon Intensive is TEB Bancorp, Inc's Industry?
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TEB Bancorp, 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.
TEB Bancorp, 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.
