Public Profile

Webster Financial

Webster Financial Corporation, commonly known as Webster Bank, is a prominent financial institution headquartered in Great Britain. Established in 1935, the bank has grown to serve a diverse clientele across the northeastern United States, with a strong presence in Connecticut and Massachusetts. Operating within the banking and financial services industry, Webster Bank offers a comprehensive range of products, including personal and commercial banking, wealth management, and mortgage services. What sets Webster apart is its commitment to personalised customer service and innovative financial solutions tailored to meet the unique needs of its clients. With a solid market position, Webster Financial has achieved notable milestones, including recognition for its community involvement and sustainable banking practices. As a trusted partner in financial growth, Webster Bank continues to enhance its offerings, ensuring a robust and customer-centric approach in an ever-evolving financial landscape.

DitchCarbon Score

How does Webster Financial'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.

25

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.

13

Industry Benchmark

Webster Financial's score of 25 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

Webster Financial's reported carbon emissions

In 2023, Webster Financial reported total carbon emissions of approximately 11,170,300 kg CO2e, consistent with the previous year's figures. The emissions breakdown reveals that Scope 1 emissions accounted for about 3,656,200 kg CO2e, while Scope 2 emissions were approximately 7,514,100 kg CO2e. Notably, there are no disclosed Scope 3 emissions in the available data. Despite the stable emissions figures, Webster Financial has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction strategies or climate pledges. This context highlights the company's current position within the industry regarding climate commitments, suggesting a potential area for future development in sustainability practices.

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Add to project
20222023
Scope 1
3,656,200
0,000,000
Scope 2
7,514,100
0,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Webster Financial's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Webster Financial is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Webster Financial 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers