Berkshire Hills Bancorp, Inc.
Berkshire Hills Bancorp, Inc., commonly known as Berkshire Bank, is a prominent financial institution headquartered in the United States. Founded in 1846, the bank has established a strong presence in the New England and New York regions, offering a diverse range of banking and financial services. Specialising in retail and commercial banking, wealth management, and insurance, Berkshire Bank distinguishes itself through its commitment to community engagement and customer-centric solutions. The bank has achieved significant milestones, including its expansion into new markets and the introduction of innovative digital banking services. With a reputation for reliability and a focus on sustainable growth, Berkshire Hills Bancorp continues to solidify its position as a trusted partner for individuals and businesses alike, making it a key player in the regional banking landscape.
DitchCarbon Score
How does Berkshire Hills 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
Berkshire Hills Bancorp, Inc.'s score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Berkshire Hills Bancorp, Inc.'s reported carbon emissions
In 2022, Berkshire Hills Bancorp, Inc. reported total carbon emissions of approximately 3,589,100 kg CO2e. This figure includes Scope 1 emissions of about 2,869,200 kg CO2e, Scope 2 emissions of approximately 225,600 kg CO2e, and Scope 3 emissions totalling around 494,300 kg CO2e. Comparatively, in 2021, the company recorded total emissions of about 3,450,600 kg CO2e, with Scope 1 emissions at approximately 1,863,900 kg CO2e, Scope 2 emissions of around 1,182,300 kg CO2e, and Scope 3 emissions of about 404,400 kg CO2e. Despite these figures, Berkshire Hills Bancorp has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for sustainability and emissions reduction.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,863,900 | 0,000,000 |
| Scope 2 | 1,182,300 | 000,000 |
| Scope 3 | 404,400 | 000,000 |
Industry emissions intensity
Location emissions 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.
Berkshire Hills Bancorp, Inc. is not participating in any of the initiatives that 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.
