Manufacturers and Traders Trust Company, commonly known as M&T Bank, is a prominent financial institution headquartered in the United States. Established in 1856, M&T Bank has grown to become a key player in the banking industry, primarily serving the Mid-Atlantic and Northeastern regions. The bank offers a diverse range of services, including commercial banking, investment services, and mortgage lending, distinguished by its commitment to customer service and community engagement. M&T Bank has achieved significant milestones, including consistent recognition for its financial stability and customer satisfaction. With a strong market position, M&T Bank continues to innovate and adapt, ensuring it meets the evolving needs of its clients while maintaining a focus on responsible banking practices.
How does Manufacturers and Traders Trust Company'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.
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.
Manufacturers and Traders Trust Company's score of 42 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Manufacturers and Traders Trust Company (M&T Bank) currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is classified as a current subsidiary of M&T Bank Corporation, which may influence its climate commitments and reporting. While M&T Bank has not set specific reduction targets or made notable climate pledges, it is important to note that emissions data and climate initiatives may be inherited from its parent organization, M&T Bank Corporation. This relationship suggests that any climate commitments or emissions performance may align with the broader strategies of M&T Bank Corporation. As of now, M&T Bank has not disclosed any significant reduction initiatives or targets through the Science Based Targets initiative (SBTi) or other recognised frameworks. The lack of specific emissions data and reduction commitments indicates that the company may still be in the early stages of developing a comprehensive climate strategy. In summary, M&T Bank's current climate commitments and emissions data remain unspecified, reflecting a potential area for future development in sustainability practices within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 35,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 29,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 3,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Manufacturers and Traders Trust Company 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.