Union Bankshares, Inc., often referred to as Union Bank, is a prominent financial institution headquartered in the United States. Established in 1891, the bank has a rich history of serving communities across key operational regions, including the Northeast and Mid-Atlantic. As a leader in the banking industry, Union Bank focuses on providing a comprehensive range of services, including personal and commercial banking, wealth management, and mortgage solutions. What sets Union Bank apart is its commitment to personalised customer service and innovative financial products tailored to meet the diverse needs of its clients. With a strong market position, the bank has achieved notable milestones, including consistent growth and recognition for its community involvement. Union Bank continues to uphold its legacy of trust and reliability, making it a preferred choice for individuals and businesses alike.
How does Union 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.
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.
Union Bankshares, Inc.'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Union Bankshares, Inc., headquartered in the US, currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a result, Union Bankshares, Inc. has not publicly committed to any specific climate initiatives or reduction strategies at this time. The lack of emissions data and defined climate commitments suggests that the organisation may still be in the early stages of developing a comprehensive sustainability strategy. In the context of the financial services industry, many institutions are increasingly focusing on carbon reduction and sustainability efforts, often guided by frameworks such as the Science Based Targets initiative (SBTi) and other industry standards. However, without specific commitments or data, Union Bankshares, Inc. remains unaligned with these emerging trends in climate responsibility.
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.
Union 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.