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Financial Intermediation
US
updated 6 months ago

Dollar Bank, Federal Savings Bank

Company website

Dollar Bank, Federal Savings Bank, headquartered in the United States, has been a trusted financial institution since its founding in 1855. With a strong presence in key regions such as Pennsylvania, Ohio, and Virginia, Dollar Bank operates within the banking industry, focusing on personal and commercial banking services. The bank offers a range of core products, including savings accounts, mortgages, and business loans, distinguished by competitive rates and personalised customer service. Notably, Dollar Bank has achieved recognition for its commitment to community engagement and financial education, positioning itself as a leader in the regional banking sector. With a rich history and a dedication to innovation, Dollar Bank continues to serve its customers with integrity and reliability.

DitchCarbon Score

How does Dollar Bank, Federal 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.

23

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.

28

Industry Benchmark

Dollar Bank, Federal Savings Bank's score of 23 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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Dollar Bank, Federal Savings Bank's reported carbon emissions

Dollar Bank, Federal Savings Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. As a current subsidiary, Dollar Bank's climate commitments and emissions data may be influenced by its corporate family relationships; however, no specific initiatives or targets have been cascaded from a parent organisation. This lack of data suggests that Dollar Bank may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction initiatives. It is essential for Dollar Bank to establish clear climate commitments and reduction targets to align with industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Dollar Bank, Federal Savings Bank'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 Dollar Bank, Federal Savings Bank 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.

Dollar Bank, Federal 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.

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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