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 27 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 Scope 1 emissions of about 72,000 kg CO2e, primarily from mobile combustion and fugitive emissions, and Scope 2 emissions of approximately 4,046,000 kg CO2e, mainly from purchased electricity. Additionally, the bank's Scope 3 emissions were around 1,747,000 kg CO2e, with significant contributions from employee commuting (about 1,618,000 kg CO2e) and business travel (approximately 129,000 kg CO2e). Comparatively, in 2021, total emissions were about 6,103,000 kg CO2e, indicating a slight reduction in emissions year-on-year. The bank's emissions in 2020 were approximately 6,410,000 kg CO2e, showing a consistent trend towards lower emissions over the past three years. Despite these reductions, American Savings Bank has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's commitment to addressing climate change remains evident, but further details on their strategic plans for future emissions reductions are not available.
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| 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 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.
