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Public Profile
Financial Intermediation
US
updated 8 months ago

1st Security Bank of Washington Sustainability Profile

Company website

1st Security Bank of Washington, headquartered in the United States, is a prominent financial institution serving the Pacific Northwest. Founded in 1934, the bank has established itself as a trusted provider of banking services, focusing on personal and commercial banking, mortgage lending, and wealth management. With a commitment to community engagement and customer service, 1st Security Bank offers unique products such as tailored mortgage solutions and competitive business accounts. The bank's dedication to innovation and customer satisfaction has positioned it as a leader in the regional banking sector. Notable achievements include a strong reputation for financial stability and a growing presence in key operational areas across Washington State.

DitchCarbon Score

How does 1st Security Bank of Washington'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.

25

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.

32

Industry Benchmark

1st Security Bank of Washington's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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1st Security Bank of Washington's reported carbon emissions

1st Security Bank of Washington, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of FS Bancorp, Inc., which may influence its climate-related initiatives and commitments. As of now, there are no documented reduction targets or climate pledges from 1st Security Bank of Washington. The absence of specific emissions data and reduction initiatives suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Given the lack of direct emissions data, it is important to note that the bank's climate commitments and performance may be informed by broader industry standards and practices, particularly those set by its parent company, FS Bancorp, Inc. However, without specific figures or targets, it is challenging to assess the bank's current impact or future commitments regarding carbon emissions and climate action.

How Carbon Intensive is 1st Security Bank of Washington's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. 1st Security Bank of Washington's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is 1st Security Bank of Washington's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for 1st Security Bank of Washington is in US, which has a low grid carbon intensity relative to other regions.

1st Security Bank of Washington's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

1st Security Bank of Washington has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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