Needham Bank
Your bank has room for improvement on climate responsibility.
Needham Bank is a full-service bank that offers a range of personal and business banking services. The bank has multiple branch locations across Massachusetts, including in Ashland, Dedham, Dover, Medfield, Medford, Westwood, and Wellesley.
Most of its commercial lending is to small and medium-sized businesses, so the probability of it lending to the fossil fuel sector is low. On the other hand, it finances renewable energy projects.
We'd like to see Needham have a policy stating it will not lend to the fossil fuel sector. We would like to see it measure the greenhouse gas impact of its lending and set science-based climate targets.
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