Associated Banc Sustainability Profile
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.
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
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.
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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 and 15,064,000 kg CO2e from Scope 2 emissions. The Scope 1 emissions include 134,000 kg CO2e from mobile combustion and 131,000 kg CO2e from fugitive emissions. The bank has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were about 21,595,000 kg CO2e, indicating a reduction in emissions over the year. The bank's emissions per average full-time equivalent (FTE) were reported at 4,559 kg CO2e in 2023, down from 5,244 kg CO2e in 2022. Despite these figures, Associated Banc has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. The emissions data is sourced directly from Associated Banc-Corp, with no cascaded data from a parent organization. The bank continues to focus on sustainability initiatives, although specific reduction strategies have not been detailed.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| 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?
How Carbon Intensive is Associated Banc's Location?
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.
