Walden Savings Bank Sustainability Profile
Walden Savings Bank, a prominent financial institution headquartered in the United States, has been serving its community since its founding in 1872. With a strong presence in the Hudson Valley region, the bank operates primarily in the banking and financial services industry, offering a range of products tailored to meet the needs of both personal and business clients. Specialising in services such as personal banking, commercial lending, and mortgage solutions, Walden Savings Bank distinguishes itself through its commitment to customer service and community involvement. Over the years, the bank has achieved significant milestones, including the expansion of its branch network and the introduction of innovative digital banking solutions. Recognised for its stability and customer-centric approach, Walden Savings Bank continues to solidify its position as a trusted financial partner in the region.
DitchCarbon Score
How does Walden Savings 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.
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
Walden Savings Bank's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Walden Savings Bank's reported carbon emissions
In 2023, Walden Savings Bank reported total carbon emissions of approximately 121,990 kg CO2e, comprising 11,040 kg CO2e from Scope 1, 3,440 kg CO2e from Scope 2, and a significant 106,510 kg CO2e from Scope 3 emissions. This reflects a reduction from 2022, where total emissions were about 192,900 kg CO2e, with Scope 1 emissions at 12,100 kg CO2e, Scope 2 at 4,300 kg CO2e, and Scope 3 at 192,900 kg CO2e. Despite these reductions, Walden Savings Bank has not established specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organisation, indicating that it operates independently in its climate reporting. Overall, while Walden Savings Bank has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate strategy and align it with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 12,100 | 00,000 |
| Scope 2 | 4,300 | 0,000 |
| Scope 3 | 192,900 | 000,000 |
How Carbon Intensive is Walden Savings Bank's Industry?
How Carbon Intensive is Walden Savings Bank's Location?
Walden Savings Bank'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.
Walden Savings Bank 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.
