The Bank of N.T. Butterfield & Son Limited Sustainability Profile
The Bank of N.T. Butterfield & Son Limited, commonly referred to as Butterfield Bank, is a prominent financial institution headquartered in Bermuda (BM). Established in 1858, the bank has a rich history and has evolved to serve a diverse clientele across key operational regions, including Bermuda, the Cayman Islands, and the British Virgin Islands. Specialising in private banking, wealth management, and commercial banking, Butterfield Bank distinguishes itself through personalised service and a commitment to client satisfaction. The bank offers a range of core products, including savings accounts, mortgages, and investment services, tailored to meet the unique needs of its customers. With a strong market position, Butterfield Bank is recognised for its stability and reliability, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does The Bank of N.T. Butterfield & Son Limited'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
The Bank of N.T. Butterfield & Son Limited's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Bank of N.T. Butterfield & Son Limited's reported carbon emissions
The Bank of N.T. Butterfield & Son Limited, headquartered in Bermuda (BM), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank's operations. As of now, the bank has not inherited any emissions data from a parent company or related organization, and there are no industry-standard climate initiatives such as Science Based Targets (SBTi) or CDP commitments reported. This lack of data suggests that The Bank of N.T. Butterfield & Son Limited may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the financial services industry, it is increasingly important for institutions to establish clear carbon reduction commitments and transparency in emissions reporting to align with global climate goals.
How Carbon Intensive is The Bank of N.T. Butterfield & Son Limited's Industry?
How Carbon Intensive is The Bank of N.T. Butterfield & Son Limited's Location?
The Bank of N.T. Butterfield & Son Limited'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.
The Bank of N.T. Butterfield & Son Limited 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.
