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Public Profile
Services Auxiliary to Financial Intermediation
US
updated 8 months ago

Federal Home Loan Bank of Pittsburgh

Company website

The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) is a pivotal institution in the US financial landscape, headquartered in Pittsburgh, Pennsylvania. Established in 1932, it serves as a vital source of funding for residential mortgage lending and community investment, primarily in the Mid-Atlantic and Northeastern regions. FHLBank Pittsburgh offers a range of financial products, including advances, letters of credit, and affordable housing programmes, which are designed to support member institutions in enhancing their lending capabilities. Its unique cooperative structure allows for competitive pricing and tailored solutions, making it a trusted partner for banks, credit unions, and other financial entities. With a strong market position, FHLBank Pittsburgh has consistently achieved notable milestones, including significant contributions to affordable housing initiatives, reinforcing its commitment to community development and economic growth.

DitchCarbon Score

How does Federal Home Loan Bank of Pittsburgh'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.

25

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.

29

Industry Benchmark

Federal Home Loan Bank of Pittsburgh'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.

38%

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Federal Home Loan Bank of Pittsburgh's reported carbon emissions

The Federal Home Loan Bank of Pittsburgh currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. This lack of data suggests that the organisation may not have publicly disclosed its carbon footprint for the most recent year. As a current subsidiary of the Federal Home Loan Banks, any climate commitments or emissions data may be influenced by the broader initiatives of the parent organisation. The Federal Home Loan Banks have been known to engage in various sustainability efforts, although specific reduction targets or achievements for the Federal Home Loan Bank of Pittsburgh have not been detailed. The organisation has not set any documented reduction targets or climate pledges, which may indicate a need for further development in its sustainability strategy. Without specific emissions data or targets, it is challenging to assess the Federal Home Loan Bank of Pittsburgh's overall impact on climate change or its commitment to reducing carbon emissions. In summary, while the Federal Home Loan Bank of Pittsburgh is part of a larger network that may have sustainability initiatives, it currently lacks specific emissions data and defined climate commitments.

Industry emissions intensity

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Some industries are more carbon intensive than others. Federal Home Loan Bank of Pittsburgh's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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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 Federal Home Loan Bank of Pittsburgh 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.

Federal Home Loan Bank of Pittsburgh 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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Where does DitchCarbon data come from?

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