Public Profile

Central Pacific Financial Corp.

Central Pacific Financial Corp., commonly known as Central Pacific Bank, is a prominent financial institution headquartered in the United States, specifically in Honolulu, Hawaii. Founded in 1954, the bank has established itself as a key player in the banking industry, primarily serving the needs of individuals and businesses across Hawaii and the Pacific region. Specialising in a range of financial services, Central Pacific Bank offers personal banking, commercial banking, and wealth management solutions. Its commitment to customer service and community engagement sets it apart in a competitive market. Over the years, the bank has achieved significant milestones, including expanding its branch network and enhancing its digital banking capabilities, solidifying its position as a trusted financial partner in the region.

DitchCarbon Score

How does Central Pacific Financial Corp.'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.

29

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.

26

Industry Benchmark

Central Pacific Financial Corp.'s score of 29 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Central Pacific Financial Corp.'s reported carbon emissions

In 2023, Central Pacific Financial Corp. reported total carbon emissions of approximately 4,392,567.73 kg CO2e. This figure includes 39,300 kg CO2e from Scope 1 emissions, 4,321,000 kg CO2e from Scope 2 emissions related to purchased electricity, and 393,267.73 kg CO2e from Scope 3 emissions. In 2022, the company recorded about 4,420,000 kg CO2e in Scope 2 emissions, while in 2021, it reported approximately 4,480,000 kg CO2e in Scope 2 emissions. This indicates a slight reduction in Scope 2 emissions over the years, reflecting a commitment to improving energy efficiency. Despite these reductions, Central Pacific Financial Corp. has not established specific reduction targets or initiatives, such as Science-Based Targets Initiative (SBTi) commitments or documented climate pledges. The absence of formal reduction targets suggests that while the company is monitoring its emissions, it may need to enhance its climate strategy to align with industry standards and expectations for corporate sustainability.

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202120222023
Scope 1
-
-
00,000
Scope 2
4,480,000
0,000,000
0,000,000
Scope 3
-
-
000,000.00

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Central Pacific Financial Corp.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Central Pacific Financial Corp. is in US, which has a low grid carbon intensity relative to other regions.

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.

Central Pacific Financial Corp. 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.

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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DitchCarbon Score

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