Wellesley Bancorp, Inc. Sustainability Profile
Wellesley Bancorp, Inc., commonly known as Wellesley Bank, is a prominent financial institution headquartered in the United States. Established in 1911, the bank has a rich history of serving the Wellesley community and surrounding regions with dedication and expertise. Operating primarily in the banking industry, Wellesley Bank offers a comprehensive range of services, including personal and commercial banking, mortgage lending, and wealth management. What sets Wellesley Bank apart is its commitment to personalised customer service and community engagement, fostering long-lasting relationships with clients. Over the years, the bank has achieved significant milestones, solidifying its position as a trusted financial partner. With a focus on innovation and customer satisfaction, Wellesley Bancorp continues to thrive in a competitive market, making it a key player in the financial landscape of Massachusetts.
DitchCarbon Score
How does Wellesley 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
Wellesley Bancorp, Inc.'s score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wellesley Bancorp, Inc.'s reported carbon emissions
Wellesley Bancorp, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is part of a corporate family that includes Cambridge Bancorp, which may influence its climate-related initiatives and reporting. As a merged entity, Wellesley Bancorp's climate commitments and performance may be informed by its relationship with Eastern Bankshares, Inc. However, no specific reduction targets or achievements have been documented for Wellesley Bancorp itself. The absence of data suggests that the company may still be in the process of establishing its own emissions reporting framework or climate strategy. In the broader context, Wellesley Bancorp's commitment to sustainability may align with industry standards, but without concrete data or targets, it remains unclear how the company plans to address its carbon footprint. The lack of specific emissions figures and reduction initiatives highlights an opportunity for Wellesley Bancorp to enhance its climate commitments and transparency in the future.
How Carbon Intensive is Wellesley Bancorp, Inc.'s Industry?
How Carbon Intensive is Wellesley Bancorp, Inc.'s Location?
Wellesley 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.
Wellesley 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.
