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HomeStreet Bank, officially known as HomeStreet, Inc., is a prominent financial institution headquartered in the United States, with a strong presence in the Pacific Northwest and California. Founded in 1921, the bank has established itself in the banking industry, offering a diverse range of services including commercial and residential lending, deposit accounts, and treasury management solutions. HomeStreet Bank is recognised for its commitment to personalised customer service and innovative financial products tailored to meet the needs of individuals and businesses alike. With a focus on community engagement and sustainable growth, the bank has achieved significant milestones, including expansion into new markets and the introduction of digital banking solutions. As a trusted partner in financial services, HomeStreet Bank continues to strengthen its market position through a dedication to excellence and customer satisfaction.
How does HomeStreet 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.
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.
HomeStreet Bank's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HomeStreet 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. The bank is a current subsidiary of a larger corporate family, and while it inherits some climate-related initiatives, no specific emissions data has been cascaded from its parent organisation. In terms of climate commitments, HomeStreet Bank has not outlined any formal reduction targets or initiatives, such as those associated with the Science Based Targets initiative (SBTi). The lack of documented reduction targets suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As the financial sector increasingly prioritises sustainability, HomeStreet Bank's future commitments and actions will be crucial in aligning with industry standards and expectations regarding carbon emissions and climate responsibility.
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.
HomeStreet 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.