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Financial Intermediation
US
updated 6 days ago

Touchstone Bankshares, Inc.

Company website

Touchstone Bankshares, Inc., a prominent player in the financial services sector, is headquartered in the United States. Founded in [year], the company has established a strong presence in key operational regions, providing a range of banking solutions tailored to meet the needs of both individuals and businesses. Specialising in community banking, Touchstone Bankshares offers unique products and services, including personal and commercial loans, deposit accounts, and wealth management solutions. The bank is recognised for its commitment to customer service and community engagement, setting it apart in a competitive market. With a focus on innovation and growth, Touchstone Bankshares has achieved significant milestones, solidifying its position as a trusted financial partner. Its dedication to fostering long-term relationships with clients underscores its reputation as a leader in the industry.

DitchCarbon Score

How does Touchstone Bankshares, 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.

23

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.

30

Industry Benchmark

Touchstone Bankshares, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Touchstone Bankshares, Inc.'s reported carbon emissions

Touchstone Bankshares, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is classified as a merged entity, and any potential emissions data may be inherited from its corporate family, but no specific details are provided regarding this cascade. In terms of climate commitments, Touchstone Bankshares, Inc. has not established any documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi). The lack of defined climate pledges or reduction strategies suggests that the company may still be in the early stages of developing its sustainability framework. As the financial services industry increasingly prioritises climate action, Touchstone Bankshares, Inc. may benefit from adopting industry-standard practices and setting measurable targets to enhance its environmental performance and align with broader climate goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Touchstone Bankshares, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Touchstone Bankshares, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Touchstone Bankshares, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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