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.
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.
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.
American Savings Bank's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, American Savings Bank reported total carbon emissions of approximately 28,506,000 kg CO2e for Scope 1 and about 65,092,000 kg CO2e for Scope 2. This marks a reduction from 2023, where emissions were approximately 39,542,000 kg CO2e for Scope 1 and 75,196,000 kg CO2e for Scope 2. The bank has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions, with these targets initiated in 2023. The bank's emissions data reflects a commitment to transparency and accountability in its climate strategy, although it has not disclosed any Scope 3 emissions data. The reduction initiatives are part of a broader effort to align with industry standards and contribute to global climate goals. American Savings Bank's proactive stance on climate action positions it as a responsible entity within the financial sector, committed to reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 49,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 5,028,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 2,158,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - |
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 participating in any of the initiatives that 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.