West Shore Bank
Climate Impact & Sustainability Data (2020, 2022, 2023-04-01 to 2023-06-30)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
Climate Goals & Targets
Environmental Challenges
- High unemployment (10 million unemployed in late 2020)
- Rising 90-day mortgage delinquencies (4.8% as of September 30, 2020)
- Ongoing spread of Covid-19 and related mandates
- Historically high market valuations
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- High inflation
- Aggressive monetary policy from the Federal Reserve
- Pressure on stock and bond markets
- Potential economic recession
- High interest rates
- Geopolitical risks
Mitigation Strategies
- Neutral stance on stocks, favoring shorter duration bonds
- Expecting stock market volatility in the first half of 2023 and a rally in the second half
- Expecting yield curve to flatten and eventually slope upwards