The Community Financial Corporation, often referred to as Community Financial, is a prominent financial institution headquartered in the United States. Established in 1999, the company has made significant strides in the banking sector, particularly in the Mid-Atlantic region. Specialising in community banking, it offers a range of services including personal and business banking, loans, and investment solutions tailored to meet the diverse needs of its clientele. Community Financial is recognised for its commitment to customer service and community engagement, setting it apart from competitors. With a focus on fostering local economic growth, the corporation has achieved notable milestones, including consistent growth in assets and a strong market presence. Its dedication to innovation and community support solidifies its position as a trusted partner in financial services.
How does The Community Financial Corporation'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.
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.
The Community Financial Corporation's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Community Financial Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, it is important to note that emissions data may be inherited from its parent company, Shore Bancshares, Inc., through a merged entity relationship. As of now, The Community Financial Corporation has not established any documented reduction targets or climate pledges. This lack of specific commitments suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy. In the broader context of the financial sector, many institutions are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon footprints. The Community Financial Corporation may benefit from aligning its initiatives with industry standards and best practices to enhance its climate commitments in the future.
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 Community Financial Corporation 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.