The Export-Import Bank of the United States (EXIM) serves as a vital financial institution dedicated to supporting American businesses in the global marketplace. Headquartered in Washington, D.C., EXIM operates across various regions, facilitating international trade and export financing. Established in 1934, the bank has played a crucial role in bolstering U.S. exports, with key milestones including the introduction of innovative financing solutions tailored for small and medium-sized enterprises. EXIM's core services encompass export credit insurance, loan guarantees, and direct loans, uniquely designed to mitigate risks associated with international trade. As a leading entity in the export finance industry, EXIM has consistently positioned itself as a reliable partner for U.S. exporters, contributing significantly to job creation and economic growth. With a commitment to enhancing the competitiveness of American goods and services abroad, EXIM remains a cornerstone of U.S. trade policy.
How does EXIM EXPORT-IMPORT BANK OF THE UNITED STATES'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.
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.
EXIM EXPORT-IMPORT BANK OF THE UNITED STATES's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Export-Import Bank of the United States (EXIM) reported total carbon emissions of approximately 305,000,000 kg CO2e in the US. This marks a significant increase from 2022, when emissions were about 237,000,000 kg CO2e. The data does not specify emissions across different scopes (Scope 1, 2, or 3), and there are no disclosed reduction targets or climate pledges from EXIM. The bank's emissions data indicates a trend of increasing carbon output, with 2021 emissions recorded at about 113,000,000 kg CO2e. Despite the lack of specific reduction initiatives or commitments, the bank's operations are aligned with the broader context of the manufacturing sector, which has an emission intensity of approximately 2.391e-08 kg CO2e per unit of revenue. Overall, while EXIM has not established formal reduction targets or climate commitments, the significant emissions figures highlight the need for enhanced sustainability measures in line with global climate goals.
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.
EXIM EXPORT-IMPORT BANK OF THE UNITED STATES 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.