PacWest Bancorp
PacWest Bancorp, headquartered in the United States, is a prominent player in the banking industry, primarily serving the western region. Founded in 1999, the company has established itself as a leading financial institution, focusing on commercial banking and lending services. With a diverse portfolio that includes commercial real estate loans, business banking, and treasury management, PacWest Bancorp distinguishes itself through personalised customer service and innovative financial solutions. The bank's commitment to fostering long-term relationships has earned it a solid reputation among its clients. Notable achievements include consistent growth and a strong market position, making PacWest Bancorp a trusted choice for businesses seeking reliable banking services. As it continues to expand its footprint, the company remains dedicated to delivering exceptional value and tailored financial products to its customers.
DitchCarbon Score
How does PacWest Bancorp'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 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
PacWest Bancorp's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PacWest Bancorp's reported carbon emissions
In 2022, PacWest Bancorp reported total carbon emissions of approximately 6,013,000 kg CO2e, which includes 3,422,000 kg CO2e from Scope 1 emissions and 2,592,000 kg CO2e from Scope 2 emissions. This marked an increase from 2021, where total emissions were about 5,086,000 kg CO2e, comprising 2,263,000 kg CO2e in Scope 1 and 2,822,000 kg CO2e in Scope 2. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from PacWest Bancorp. The absence of specific initiatives or commitments highlights a potential area for improvement in their climate strategy. As the financial sector increasingly prioritises sustainability, PacWest Bancorp may need to consider establishing measurable reduction targets to align with industry standards and expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,263,000 | 0,000,000 |
| Scope 2 | 2,822,000 | 0,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
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.
PacWest Bancorp is not committed to any reduction initiatives 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.
