American Savings Bank
American Savings Bank, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1925. With a strong presence in Hawaii and the Pacific region, the bank operates within the banking industry, focusing on personal and commercial banking services. American Savings Bank offers a diverse range of core products, including savings accounts, loans, and investment services, distinguished by their commitment to customer service and community involvement. The bank has achieved notable milestones, such as being recognised for its innovative digital banking solutions, which enhance customer convenience. As a trusted financial partner, American Savings Bank continues to solidify its market position through a dedication to sustainable practices and community support, making it a key player in the regional banking landscape.
DitchCarbon Score
How does American Savings 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
American Savings Bank's score of 21 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
American Savings Bank's reported carbon emissions
In 2022, American Savings Bank reported total carbon emissions of approximately 5,900,000 kg CO2e. This figure includes 72,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, primarily from purchased electricity, accounted for about 4,046,000 kg CO2e. Additionally, Scope 3 emissions, which include indirect emissions from the bank's value chain, totalled approximately 1,747,000 kg CO2e, with significant contributions from employee commuting. Comparing the emissions data over the years, there has been a notable decrease from 6,410,000 kg CO2e in 2020 to 5,900,000 kg CO2e in 2022, indicating a positive trend in reducing overall carbon emissions. The bank's Scope 1 emissions decreased from 122,000 kg CO2e in 2020 to 72,000 kg CO2e in 2022, while Scope 2 emissions also saw a reduction from 4,395,000 kg CO2e to 4,046,000 kg CO2e in the same period. Despite these reductions, American Savings Bank has not publicly committed to specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The absence of formal climate pledges suggests that while the bank is making progress in reducing emissions, there may be opportunities for more structured commitments to enhance its climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 122,000 | 00,000 | 00,000 |
| Scope 2 | 4,395,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,893,000 | 0,000,000 | 0,000,000 |
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.
American Savings Bank 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.
