UB Bancorp Sustainability Profile
UB Bancorp, also known as Union Bank, is a prominent financial institution headquartered in the United States, with a strong presence in North Carolina. Founded in 1998, the bank has steadily expanded its operations, establishing itself as a key player in the banking industry, particularly in community banking and financial services. UB Bancorp offers a diverse range of products, including personal and business banking solutions, loans, and investment services, all tailored to meet the unique needs of its customers. The bank is recognised for its commitment to customer service and community involvement, which sets it apart in a competitive market. With a focus on innovation and customer satisfaction, UB Bancorp has achieved significant milestones, positioning itself as a trusted partner for individuals and businesses alike. Its dedication to fostering local economic growth further solidifies its reputation within the financial sector.
DitchCarbon Score
How does UB Bancorp'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
UB Bancorp's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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UB Bancorp's reported carbon emissions
UB Bancorp currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. However, it is important to note that UB Bancorp's climate commitments and initiatives are influenced by its corporate family relationship with F.N.B. Corporation, from which it inherits certain sustainability practices and reporting frameworks. As a merged entity, UB Bancorp aligns its climate strategies with those of F.N.B. Corporation, which may include participation in initiatives such as the Carbon Disclosure Project (CDP). While specific reduction targets or achievements have not been disclosed for UB Bancorp, the overarching commitment to sustainability within its corporate family suggests a focus on reducing carbon footprints and enhancing environmental responsibility. In the absence of direct emissions data or specific reduction targets, UB Bancorp's climate commitments remain somewhat vague. However, the company's affiliation with F.N.B. Corporation may provide a framework for future climate action and reporting, potentially leading to more defined targets and measurable outcomes in the coming years.
How Carbon Intensive is UB Bancorp's Industry?
How Carbon Intensive is UB Bancorp's Location?
UB Bancorp'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.
UB Bancorp 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.
