Bank of the James Financial Group, Inc.
Bank of the James Financial Group, Inc., commonly referred to as Bank of the James, is a prominent financial institution headquartered in the United States. Established in 1999, the bank has made significant strides in the banking industry, primarily serving Virginia and surrounding regions. Specialising in community banking, Bank of the James offers a range of core products and services, including personal and commercial banking, mortgage lending, and wealth management. What sets them apart is their commitment to personalised service and community engagement, fostering strong relationships with clients. With a solid market position, Bank of the James has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and customer satisfaction continues to drive their success in the competitive financial landscape.
DitchCarbon Score
How does Bank of the James Financial Group, 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
Bank of the James Financial Group, Inc.'s score of 36 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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Bank of the James Financial Group, Inc.'s reported carbon emissions
Bank of the James Financial Group, Inc. currently does not have available carbon emissions data, as indicated by the absence of specific figures. However, the organisation has made significant climate commitments aimed at reducing its carbon footprint. The bank has set a target to achieve net-zero carbon emissions by 2030, which is notably ahead of many industry benchmarks. This commitment encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. Additionally, the bank aims to decrease carbon exposure in its public equities portfolio by approximately 30% by 2025, using 2019 as the baseline year. Furthermore, the bank is actively engaging with senior management and board directors to establish pathways for lowering emissions, particularly focusing on Scope 1 and Scope 2 emissions. This includes investing in methane detection and creating incentives for executives and employees to meet both short-term and long-term emission reduction targets. Overall, while specific emissions data is not available, Bank of the James Financial Group, Inc. demonstrates a proactive stance towards climate commitments and reduction initiatives, aligning with industry standards for sustainability.
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.
Bank of the James Financial Group, 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.
