American Savings Bank
American Savings Bank, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1925. With a strong presence in Hawaii and the Pacific region, the bank operates within the banking industry, focusing on personal and commercial banking services. American Savings Bank offers a diverse range of core products, including savings accounts, loans, and investment services, distinguished by their commitment to customer service and community involvement. The bank has achieved notable milestones, such as being recognised for its innovative digital banking solutions, which enhance customer convenience. As a trusted financial partner, American Savings Bank continues to solidify its market position through a dedication to sustainable practices and community support, making it a key player in the regional banking landscape.
DitchCarbon Score
How does American Savings 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
American Savings Bank's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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American Savings Bank's reported carbon emissions
In 2024, American Savings Bank reported total emissions of approximately 28,506,000 kg CO2e for Scope 1 and about 65,092,000 kg CO2e for Scope 2. This marks a significant increase from 2023, where emissions were approximately 39,542,000 kg CO2e for Scope 1 and 75,196,000 kg CO2e for Scope 2. The bank has not disclosed any Scope 3 emissions data for these years. Looking back to 2022, American Savings Bank's total emissions were about 5,900,000 kg CO2e, with Scope 1 emissions at 72,000 kg CO2e and Scope 2 emissions at approximately 4,046,000 kg CO2e. The bank also reported Scope 3 emissions of about 1,747,000 kg CO2e, which included business travel and employee commuting. American Savings Bank has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. This long-term target was established in 2023, reflecting the bank's commitment to sustainability and climate action. Overall, while the bank's emissions have fluctuated, its commitment to achieving net zero by 2050 demonstrates a proactive approach to addressing climate change.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 122,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 4,395,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,893,000 | 0,000,000 | 0,000,000 | - | - |
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.
American Savings 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.
