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Public Profile
Financial Intermediation
US
updated 22 days ago

Associated Banc Sustainability Profile

Company website

Associated Banc-Corp, commonly known as Associated Bank, is a prominent financial institution headquartered in Green Bay, Wisconsin, with a strong presence across the Midwest, particularly in Illinois and Minnesota. Founded in 1970, the bank has established itself in the banking industry, offering a comprehensive range of services including personal banking, commercial banking, and wealth management. Associated Bank is recognised for its commitment to customer service and innovative financial solutions, such as its tailored lending options and robust digital banking platform. With a focus on community engagement and sustainable practices, the bank has achieved notable milestones, including consistent recognition for its financial strength and customer satisfaction. As a trusted partner in the financial sector, Associated Bank continues to enhance its market position through strategic growth and a dedication to meeting the evolving needs of its clients.

DitchCarbon Score

How does Associated Banc'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.

24

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

Associated Banc's score of 24 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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Associated Banc's reported carbon emissions

In 2023, Associated Banc reported total carbon emissions of approximately 19,145,000 kg CO2e, comprising 4,081,000 kg CO2e from Scope 1 emissions and 15,064,000 kg CO2e from Scope 2 emissions. The Scope 1 emissions include mobile combustion (134,000 kg CO2e), fugitive emissions (131,000 kg CO2e), and stationary combustion (225,000 kg CO2e). The bank's emissions data reflects a commitment to transparency, although no specific reduction targets or initiatives have been disclosed. There are no reported Scope 3 emissions, indicating a focus on direct and indirect emissions from energy consumption. In comparison, in 2022, Associated Banc's total emissions were about 21,595,000 kg CO2e, with Scope 1 emissions at 5,815,000 kg CO2e and Scope 2 emissions at 15,780,000 kg CO2e. This suggests a reduction in total emissions from 2022 to 2023. The emissions data is not cascaded from any parent organization, and Associated Banc has not set any Science-Based Targets Initiative (SBTi) reduction targets. The bank's climate commitments remain unspecified, highlighting an opportunity for future initiatives to enhance its sustainability profile.

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2019202020212022
Scope 1
5,451,000
0,000,000
0,000,000
0,000,000
Scope 2
17,342,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-

How Carbon Intensive is Associated Banc's Industry?

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

How Carbon Intensive is Associated Banc'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 Associated Banc is in US, which has a low grid carbon intensity relative to other regions.

Associated Banc'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.

Associated Banc 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

Compare Associated Banc's Emissions with Industry Peers

IBERIABANK

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Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Keybank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Citizens Bank

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

Home Bancshares, Inc. (Conway, AR)

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

PrivateBancorp, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Fulton Financial Corporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

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Where does DitchCarbon data come from?

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