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 33 is higher than 59% 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 2023, American Savings Bank reported total carbon emissions of approximately 5,922,000 kg CO2e. This figure includes 121,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 3,972,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity. Additionally, Scope 3 emissions, which account for indirect emissions from the bank's value chain, totalled about 1,814,000 kg CO2e, with significant contributions from employee commuting (approximately 1,498,000 kg CO2e) and business travel (316,000 kg CO2e). Comparatively, in 2022, the bank's total emissions were slightly lower at about 5,913,000 kg CO2e, with Scope 1 emissions at 120,000 kg CO2e and Scope 2 emissions at 4,029,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,747,000 kg CO2e. Despite these figures, American Savings Bank has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The bank's emissions data is independently reported and does not cascade from a parent organisation. Overall, American Savings Bank's commitment to understanding and managing its carbon footprint is evident, although further steps towards formal reduction targets could enhance its climate strategy.
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| 2015 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 49,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 5,028,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,158,000 | 0,000,000 | 0,000,000 | 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.
