The State Bank and Trust Company Sustainability Profile
The State Bank and Trust Company, often referred to as State Bank, is a prominent financial institution headquartered in the United States. Established in 1901, the bank has built a strong reputation in the banking industry, primarily serving clients in the Midwest and Southern regions. Specialising in personal and commercial banking, investment services, and wealth management, State Bank distinguishes itself through its commitment to customer service and community involvement. With a focus on tailored financial solutions, the bank has achieved notable milestones, including consistent growth in assets and a robust market presence. Recognised for its stability and reliability, The State Bank and Trust Company continues to be a trusted partner for individuals and businesses seeking comprehensive financial services.
DitchCarbon Score
How does The State Bank and Trust Company'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 State Bank and Trust Company's score of 25 is lower than 57% 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 State Bank and Trust Company's reported carbon emissions
The State Bank and Trust Company, 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 the bank is a current subsidiary of SB Financial Group, Inc., which may influence its climate-related initiatives and commitments. As of now, The State Bank and Trust Company has not established any documented reduction targets or climate pledges. This lack of specific commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction initiatives, it is essential for The State Bank and Trust Company to consider aligning with industry standards and best practices in climate action. This could involve setting science-based targets and participating in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability in their environmental impact. In summary, while The State Bank and Trust Company does not currently report emissions or reduction targets, its affiliation with SB Financial Group, Inc. may provide opportunities for future climate commitments and improvements in sustainability practices.
How Carbon Intensive is The State Bank and Trust Company's Industry?
How Carbon Intensive is The State Bank and Trust Company's Location?
The State Bank and Trust Company'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 State Bank and Trust Company 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.
