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Public Profile
Financial Intermediation
US
updated 6 days ago

Washington Trust Bank Sustainability Profile

Company website

Washington Trust Bank, a prominent financial institution headquartered in the United States, has been serving clients since its founding in 1902. With a strong presence in the Pacific Northwest, particularly in Washington, Idaho, and Oregon, the bank operates within the banking and financial services industry, offering a comprehensive range of products and services. Specialising in personal banking, commercial lending, and wealth management, Washington Trust Bank distinguishes itself through its commitment to customer service and community involvement. The bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. As a trusted partner in the region, Washington Trust Bank continues to uphold its reputation as a leading provider of innovative financial solutions tailored to meet the diverse needs of its clients.

DitchCarbon Score

How does Washington Trust 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.

25

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.

29

Industry Benchmark

Washington Trust 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.

41%

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Washington Trust Bank's reported carbon emissions

Washington Trust Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of W.T.B. Financial Corporation, which may influence its climate commitments and emissions reporting. As of now, Washington Trust Bank has not outlined any specific reduction targets or initiatives related to carbon emissions. There are no documented commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of emissions data and reduction targets suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction. Washington Trust Bank's future climate commitments may align with broader industry trends, but specific details remain unspecified at this time.

How Carbon Intensive is Washington Trust Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Washington Trust Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Washington Trust Bank's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Washington Trust Bank is in US, which has a low grid carbon intensity relative to other regions.

Washington Trust 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 Trust 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Washington Trust Bank's Emissions with Industry Peers

PNC

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

American Express

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Paypal

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

First Interstate BancSystem, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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