American Savings Bank

American Savings Bank's reported carbon emissions

In 2023, American Savings Bank reported total carbon emissions of approximately 5,922,000 kg CO2e. This figure includes Scope 1 emissions of about 121,000 kg CO2e, primarily from mobile combustion and fugitive emissions, Scope 2 emissions of approximately 3,972,000 kg CO2e from purchased electricity, and Scope 3 emissions totalling around 1,814,000 kg CO2e, which includes business travel and employee commuting. Over the past few years, American Savings Bank has demonstrated a commitment to reducing its carbon footprint. In 2022, the bank's total emissions were slightly lower at approximately 5,913,000 kg CO2e, while in 2021, emissions peaked at about 6,152,000 kg CO2e. This indicates a gradual reduction trend in their overall emissions. Despite these reductions, American Savings Bank has not set specific science-based targets or formal climate pledges, as indicated by the absence of documented reduction initiatives. The bank's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. Overall, American Savings Bank is actively monitoring its emissions across all scopes, but further commitments and targets could enhance its climate strategy and impact.