Hope Bancorp, Inc., commonly known as Bank of Hope, is a prominent financial institution headquartered in the United States. Established in 1989, the bank has grown to serve diverse communities across major operational regions, including California, New York, and Washington. Specialising in commercial banking, Hope Bancorp offers a range of services such as personal and business banking, mortgage lending, and wealth management. What sets Hope Bancorp apart is its commitment to serving the Asian-American community, providing tailored financial solutions that meet unique cultural and business needs. With a strong market position, the bank has achieved significant milestones, including its successful public listing and expansion through strategic acquisitions. Hope Bancorp continues to be a trusted partner for individuals and businesses seeking reliable banking services in an ever-evolving financial landscape.
How does Hope Bancorp, Inc.'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.
Hope Bancorp, Inc.'s score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hope Bancorp, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Hope Bancorp, Inc. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the financial services industry increasingly prioritises sustainability, it is essential for organisations like Hope Bancorp, Inc. to consider developing and disclosing comprehensive climate strategies. This could include setting science-based targets for emissions reductions and participating in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability in their environmental impact.
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.
Hope Bancorp, Inc. 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.
