United Bank
United Bank, officially known as United Bankshares, Inc., is a prominent financial institution headquartered in the United States. Established in 1839, it has grown to serve a diverse clientele across the Mid-Atlantic and Southeastern regions, offering a comprehensive range of banking services. As a key player in the banking industry, United Bank provides personal and commercial banking, mortgage lending, and wealth management services. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong market position, United Bank has achieved significant milestones, including strategic acquisitions that have expanded its footprint and enhanced its service offerings. The bank's dedication to community engagement and financial empowerment further solidifies its reputation as a trusted partner in the financial landscape.
DitchCarbon Score
How does United 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
United Bank's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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United Bank's reported carbon emissions
In 2021, United Bank reported total carbon emissions of approximately 3,911,000 kg CO2e. This figure includes Scope 1 emissions of about 1,094,000 kg CO2e, which comprise mobile combustion (175,000 kg CO2e), fugitive emissions (914,000 kg CO2e), and stationary combustion (4,000 kg CO2e). The bank's Scope 2 emissions were approximately 1,604,000 kg CO2e, while Scope 3 emissions totalled around 1,214,000 kg CO2e, primarily from purchased goods and services (6,000 kg CO2e) and fuel and energy-related activities (1,000 kg CO2e). Currently, United Bank has not established specific reduction targets or initiatives, nor have they made any climate pledges. This lack of defined goals may reflect broader industry trends, where many financial institutions are increasingly focusing on sustainability and carbon reduction strategies.
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| 2021 | |
|---|---|
| Scope 1 | 1,094,000 |
| Scope 2 | 1,604,000 |
| Scope 3 | 1,214,000 |
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.
United Bank 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.
