East West Bank
East West Bank, headquartered in the United States, is a prominent financial institution that has been serving diverse communities since its founding in 1973. With a strong presence in major operational regions such as California, New York, and Texas, the bank focuses on bridging the gap between the East and West, catering to both domestic and international clients. As a leader in the banking industry, East West Bank offers a range of core products and services, including personal banking, commercial lending, and wealth management. Its unique approach combines traditional banking with a deep understanding of Asian markets, making it a preferred choice for businesses and individuals seeking cross-border financial solutions. Recognised for its commitment to customer service and innovation, East West Bank continues to solidify its market position as a trusted partner in financial growth.
DitchCarbon Score
How does East West 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
East West Bank's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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East West Bank's reported carbon emissions
In 2023, East West Bank reported total carbon emissions of approximately 334,690 kg CO2e, comprising 329,690 kg CO2e from Scope 1 emissions related to diesel and gasoline usage, and 5,000 kg CO2e from Scope 2 emissions due to purchased electricity. This marks a significant reduction from 2022, where the bank's Scope 2 emissions alone were reported at 2,011,000 kg CO2e. Despite these figures, East West Bank has not disclosed any specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The absence of detailed Scope 3 emissions data suggests a need for enhanced transparency in their overall climate commitments. As a financial institution headquartered in the US, East West Bank is positioned to influence sustainable practices within the banking sector, yet their current emissions data highlights the importance of establishing clear climate goals and strategies to mitigate their environmental impact.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 2,011,000 |
| Scope 3 | - |
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.
East West 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.
