Virginia Commerce Bancorp, Inc. Sustainability Profile
Virginia Commerce Bancorp, Inc., commonly known as Virginia Commerce Bank, is a prominent financial institution headquartered in the United States. Established in 1988, the bank has made significant strides in the banking industry, primarily serving the Northern Virginia region and surrounding areas. Specialising in commercial banking, Virginia Commerce Bancorp offers a range of core products and services, including personal and business banking, mortgage lending, and treasury management solutions. What sets them apart is their commitment to personalised customer service and community engagement, fostering strong relationships with clients. With a solid market position, Virginia Commerce Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and customer satisfaction continues to drive their success in the competitive banking landscape.
DitchCarbon Score
How does Virginia Commerce Bancorp, 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.
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.
Industry Benchmark
Virginia Commerce Bancorp, Inc.'s score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Virginia Commerce Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The organisation is part of a corporate family that includes United Bankshares, Inc., from which it inherits emissions data and performance metrics. However, no specific reduction targets or climate commitments have been documented for Virginia Commerce Bancorp, Inc. at this time. As a merged entity, Virginia Commerce Bancorp, Inc. may align its climate strategies with those of United Bankshares, Inc., but specific details regarding emissions reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi) are not provided. The lack of publicly available data suggests that the organisation may still be in the process of establishing its own climate commitments or reporting practices. In summary, while Virginia Commerce Bancorp, Inc. is part of a larger corporate structure, it currently lacks detailed emissions data and specific climate commitments, reflecting a broader context of evolving corporate sustainability practices within the banking sector.
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| 2022 | |
|---|---|
| Scope 1 | 2,838,000 |
| Scope 2 | 10,123,000 |
| Scope 3 | - |
How Carbon Intensive is Virginia Commerce Bancorp, Inc.'s Industry?
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Virginia Commerce Bancorp, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Virginia Commerce Bancorp, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
