Federal Home Loan Bank of Chicago Sustainability Profile
The Federal Home Loan Bank of Chicago (FHLB Chicago), headquartered in the United States, plays a pivotal role in the housing finance industry. Established in 1932, this regional bank serves the Midwest, providing essential support to financial institutions in Illinois and Wisconsin. FHLB Chicago is renowned for its commitment to affordable housing and community development, offering a range of products including advances, letters of credit, and affordable housing programmes. With a strong market position, FHLB Chicago has consistently delivered value to its members, facilitating access to low-cost funding and promoting economic growth. Its unique focus on collaboration and community impact distinguishes it within the Federal Home Loan Bank System, making it a vital resource for local lenders and a champion for sustainable housing solutions.
DitchCarbon Score
How does Federal Home Loan Bank of Chicago'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 Services Auxiliary to 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
Federal Home Loan Bank of Chicago's score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Federal Home Loan Bank of Chicago's reported carbon emissions
The Federal Home Loan Bank of Chicago currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. As a current subsidiary of the Federal Home Loan Banks, any potential emissions data would be cascaded from this parent organisation. However, there are no documented reduction targets or climate pledges associated with the Federal Home Loan Bank of Chicago at this time. In the context of climate commitments, the Federal Home Loan Bank of Chicago has not outlined specific initiatives or targets, such as those set by the Science Based Targets initiative (SBTi) or other industry standards. This lack of data suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, the Federal Home Loan Bank of Chicago may benefit from establishing clear emissions reduction goals and participating in recognised climate initiatives to enhance its environmental impact and align with industry best practices.
How Carbon Intensive is Federal Home Loan Bank of Chicago's Industry?
How Carbon Intensive is Federal Home Loan Bank of Chicago's Location?
Federal Home Loan Bank of Chicago'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.
Federal Home Loan Bank of Chicago 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.
