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 68% 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 for the most recent year, nor does it report any specific reduction targets or climate commitments. The absence of emissions data suggests that the company may not have publicly disclosed its carbon footprint or set measurable goals for emissions reduction. As of now, Union Bankshares has not inherited any emissions data from a parent or related organization, indicating that it operates independently in terms of climate reporting. Without specific figures or commitments, it is unclear how the company is addressing climate change or its carbon emissions. In the broader context of the financial industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to mitigate their environmental impact. However, Union Bankshares has yet to publicly align with such industry standards or initiatives.
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.