Washington Mutual Bank (Seattle, Washington) Sustainability Profile
Washington Mutual Bank, often referred to as WaMu, is a prominent financial institution headquartered in Seattle, Washington, with a significant presence across the United States. Founded in 1889, the bank has evolved through key milestones, including its rise as one of the largest savings and loan associations in the country. Operating primarily in the banking and financial services industry, Washington Mutual Bank offers a diverse range of products, including savings accounts, mortgages, and personal loans. Its commitment to customer service and innovative banking solutions has set it apart in a competitive market. Despite facing challenges in the late 2000s, Washington Mutual Bank remains a notable name in the financial sector, recognised for its historical contributions and customer-centric approach. With a focus on community engagement and sustainable banking practices, it continues to serve a broad customer base across various regions.
DitchCarbon Score
How does Washington Mutual Bank (Seattle, Washington)'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 Mutual Bank (Seattle, Washington)'s score of 27 is lower than 54% 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 Mutual Bank, headquartered in Seattle, Washington, currently does not have specific carbon emissions data available for recent years. The bank's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential gap in publicly available information regarding their environmental impact. However, it is important to note that Washington Mutual Bank's emissions data is cascaded from its parent company, JPMorgan Chase & Co., at a cascade level of three. This means that any climate-related targets or performance metrics may be influenced by the broader initiatives of JPMorgan Chase, which is known for its commitment to sustainability and climate action. At a higher cascade level, emissions performance data is sourced from JPMorgan Chase Bank, National Association, which operates at a level two relationship. This suggests that while specific emissions figures for Washington Mutual Bank are not disclosed, the bank may align with the sustainability goals and practices of its parent organisation. In summary, Washington Mutual Bank's current climate commitments and carbon emissions data remain unspecified, with reliance on the broader initiatives of JPMorgan Chase & Co. for any potential climate action strategies.
How Carbon Intensive is Washington Mutual Bank (Seattle, Washington)'s Industry?
How Carbon Intensive is Washington Mutual Bank (Seattle, Washington)'s Location?
Washington Mutual Bank (Seattle, Washington)'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 Mutual Bank (Seattle, Washington) 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.
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