Ditchcarbon
  • Customers
  1. Organizations
  2. Union Bankshares, Inc.
Public Profile
Financial Intermediation
US
updated 5 months ago

Union Bankshares, Inc.

Company website

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.

DitchCarbon Score

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.

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.

27

Industry Benchmark

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.

31%

Let us know if this data was useful to you

Union Bankshares, Inc.'s reported carbon emissions

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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Union 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 Union 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.

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.

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

Similar Organizations

Athens Bancshares Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Oak Valley Bancorp

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Fauquier Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Bank of the James Financial Group, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Howard Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Summit State Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v250808.1
enquiries@ditchcarbon.com+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
Verified byUL Verified
Partnered withCDP
ProductPortalDataDocumentationIntegrationsChangelogPricing
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesMethodologyBlogFAQOrganizationsIndustriesSBTI APITrust Centre
AboutTeamCareersLicense AgreementPrivacy