United Bank, officially known as United Bankshares, Inc., is a prominent financial institution headquartered in the United States. Established in 1839, it has grown to serve a diverse clientele across the Mid-Atlantic and Southeastern regions, offering a comprehensive range of banking services. As a key player in the banking industry, United Bank provides personal and commercial banking, mortgage lending, and wealth management services. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong market position, United Bank has achieved significant milestones, including strategic acquisitions that have expanded its footprint and enhanced its service offerings. The bank's dedication to community engagement and financial empowerment further solidifies its reputation as a trusted partner in the financial landscape.
How does United Bank'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.
United Bank's score of 25 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, United Bank reported significant carbon emissions, totalling approximately 12,156,000 kg CO2e. This figure comprises about 2,838,000 kg CO2e from Scope 1 emissions and approximately 10,123,000 kg CO2e from Scope 2 emissions. Currently, there is no available data on Scope 3 emissions. Despite the substantial emissions, United Bank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, United Bank's future climate commitments will be crucial in aligning with industry standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 2,838,000 |
Scope 2 | 10,123,000 |
Scope 3 | - |
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.
United Bank is not committed to any reduction initiatives 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.