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Public Profile
Financial Intermediation
US
updated a month ago

Western New England Bancorp, Inc. Sustainability Profile

Company website

Western New England Bancorp, Inc., commonly known as Westfield Bank, is a prominent financial institution headquartered in the United States. Established in 1853, the bank has a rich history of serving the communities of Western Massachusetts and Northern Connecticut, focusing on personal and commercial banking solutions. Operating primarily in the banking industry, Western New England Bancorp offers a range of core products and services, including savings and checking accounts, loans, and mortgage 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, Western New England Bancorp has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and community support continues to enhance their standing in the competitive banking landscape.

DitchCarbon Score

How does Western New England 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.

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.

29

Industry Benchmark

Western New England Bancorp, Inc.'s score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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Western New England Bancorp, Inc.'s reported carbon emissions

Western New England Bancorp, Inc. currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that the company may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As a financial institution, Western New England Bancorp, Inc. operates within an industry that is increasingly recognising the importance of sustainability and climate action. However, without specific emissions data or reduction targets, it is challenging to assess their current environmental impact or commitments in this area. In summary, Western New England Bancorp, Inc. has not disclosed any emissions data or climate commitments, reflecting a potential area for future development in their sustainability strategy.

How Carbon Intensive is Western New England Bancorp, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Western New England Bancorp, Inc.'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.

How Carbon Intensive is Western New England Bancorp, Inc.'s Location?

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. This request for Western New England Bancorp, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Western New England 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.

Western New England 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Western New England Bancorp, Inc.'s Emissions with Industry Peers

Charter Financial Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Evans Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Washington Trust Bancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

The First of Long Island Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Financial Institutions, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

First United Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

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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

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