Charles Schwab Bank, SSB Sustainability Profile
Charles Schwab Bank, SSB, headquartered in the United States, is a prominent player in the financial services industry, specialising in banking and investment solutions. Founded in 1971, the bank has evolved significantly, establishing itself as a trusted provider of a wide range of financial products, including savings accounts, mortgages, and investment services. With a strong presence across major operational regions in the US, Charles Schwab Bank is renowned for its commitment to customer service and innovative technology. Its core offerings, such as low-cost trading and comprehensive wealth management, set it apart in a competitive market. The bank's notable achievements include consistently high customer satisfaction ratings and a robust market position, making it a preferred choice for both individual and institutional clients seeking reliable financial solutions.
DitchCarbon Score
How does Charles Schwab Bank, SSB'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
Charles Schwab Bank, SSB's score of 29 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Charles Schwab Bank, SSB currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank is a current subsidiary of The Charles Schwab Corporation, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges specific to Charles Schwab Bank, it is important to note that emissions data and performance metrics may be cascaded from its parent company, The Charles Schwab Corporation. This relationship suggests that any climate initiatives or targets may align with the broader corporate strategy of the parent organisation. As of now, Charles Schwab Bank, SSB has not publicly committed to specific science-based targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The lack of detailed emissions data and reduction commitments highlights an opportunity for the bank to enhance its transparency and accountability regarding climate impact and sustainability efforts.
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| 2022 | |
|---|---|
| Scope 1 | 8,409,000 |
| Scope 2 | 90,599,000 |
| Scope 3 | - |
How Carbon Intensive is Charles Schwab Bank, SSB's Industry?
How Carbon Intensive is Charles Schwab Bank, SSB's Location?
Charles Schwab Bank, SSB'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.
Charles Schwab Bank, SSB 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.
