TowneBank
TowneBank, a prominent financial institution headquartered in the United States, has established itself as a leader in the banking industry since its founding in 1999. With a strong presence in Virginia and North Carolina, the bank offers a comprehensive range of services, including personal banking, commercial lending, and wealth management. Recognised for its commitment to community engagement and customer service, TowneBank has achieved significant milestones, including consistent growth in assets and a robust network of branches. Its unique approach combines traditional banking with innovative financial solutions, catering to both individual and business clients. As a trusted partner in the financial landscape, TowneBank continues to enhance its market position through a dedication to excellence and community support.
DitchCarbon Score
How does TowneBank'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
TowneBank's score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
TowneBank's reported carbon emissions
TowneBank, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year. As a result, specific figures regarding their emissions in kg CO2e, including Scope 1, 2, or 3 emissions, are not provided. In the absence of detailed emissions data, it is important to note that TowneBank has not outlined any specific reduction targets or commitments to the Science Based Targets initiative (SBTi) or similar climate pledges. This indicates a potential area for growth in their sustainability strategy, as many financial institutions are increasingly focusing on measurable climate commitments and emissions reductions. Overall, while TowneBank has not disclosed its carbon footprint or reduction initiatives, the broader industry context highlights the importance of transparency and accountability in addressing climate change.
Industry emissions intensity
Location emissions intensity
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.
TowneBank is not committed to any reduction initiatives 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.
