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 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TowneBank's reported carbon emissions
TowneBank, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that TowneBank may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial services industry increasingly prioritises sustainability, it is essential for institutions like TowneBank to consider developing and communicating clear climate commitments and reduction strategies. This would not only align with industry standards but also enhance their reputation among environmentally conscious stakeholders.
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 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.
