Washington Federal Bank Sustainability Profile
Washington Federal Bank, also known as WaFd Bank, is a prominent financial institution headquartered in the United States. Established in 1917, the bank has grown significantly, serving customers across the Western and Southwestern regions, including states like Washington, Oregon, Idaho, Utah, and Arizona. Operating within the banking industry, Washington Federal Bank focuses on providing a range of services, including personal and business banking, mortgage lending, and wealth management. Its commitment to customer service and community involvement sets it apart in a competitive market. With a strong market position, Washington Federal Bank has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. The bank's unique offerings, such as tailored financial solutions and a user-friendly digital banking platform, cater to the diverse needs of its clientele.
DitchCarbon Score
How does Washington Federal 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.
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
Washington Federal Bank's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Washington Federal Bank's reported carbon emissions
Washington Federal 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 WaFd, Inc., which may influence its climate commitments and reporting practices. Despite the lack of direct emissions data, Washington Federal Bank is part of a broader corporate family that may have climate initiatives in place. However, there are no documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges at this time. As a financial institution, Washington Federal Bank is likely to be influenced by industry standards and practices regarding climate action, but specific details on their initiatives or performance are not provided. The absence of emissions data and reduction targets suggests that the bank may still be in the early stages of formalising its climate strategy.
How Carbon Intensive is Washington Federal Bank's Industry?
How Carbon Intensive is Washington Federal Bank's Location?
Washington Federal Bank'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.
Washington Federal Bank 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.
