United Bankshares, Inc., often referred to as UBSI, is a prominent player in the financial intermediation services sector, excluding insurance and pension funding. Headquartered in the United States, the company operates extensively across the Mid-Atlantic and Southeastern regions, providing a robust range of banking and financial services. Founded in 1982, United Bankshares has achieved significant milestones, including strategic acquisitions that have expanded its footprint and service offerings.
The company is renowned for its core products, which include commercial and retail banking, mortgage lending, and wealth management services. What sets United Bankshares apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. With a solid market position, UBSI has consistently been recognised for its financial stability and growth, making it a trusted choice for individuals and businesses alike.
-4 vs industry average
United Bankshares, Inc.’s score of 31 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at United Bankshares, Inc.?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
United Bankshares, Inc.'s reported carbon emissions
United Bankshares, Inc., headquartered in the US and operating in financial intermediation services, except insurance and pension funding services (65), has reported its carbon emissions. In 2023, the company's Scope 1 emissions were approximately 1,959,000 kg CO2e and Scope 2 emissions were approximately 9,364,000 kg CO2e. This represents a decrease from 2022, when Scope 1 emissions were approximately 2,838,000 kg CO2e and Scope 2 emissions were approximately 10,123,000 kg CO2e. United Bankshares, Inc. has established several climate commitments. The company aims to reduce its Scope 1 emissions to near zero by 2025, with a broader target to reduce Scope 1 emissions by 30% from a 2020 baseline by 2030. Similarly, they aim to reduce Scope 2 emissions to near zero by 2025, and have a target to reduce Scope 2 emissions by 30% from a 2020 baseline by 2030. The latest emissions data available does not include Scope 3 emissions.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
United Bankshares, Inc.’s Climate Goals (2030 & 2050)
4 goals2030
30% reduction in Scope 2
We will reduce our Scope 2 emissions by 30% from 2020 baseline by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 4 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisations
United Bankshares, Inc.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project