American Savings Bank

Sustainability Report and Carbon Intensity Rankings

Is American Savings Bank doing their part?

Their DitchCarbon score is 59

American Savings Bank has a DitchCarbon Score of 59 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon dioxide emissions are produced relative to its activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing its environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

American Savings Bank operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

American Savings Bank operates in the United States, a region with a low carbon intensity rating. This favorable environmental context supports the bank’s sustainability efforts by reducing the carbon footprint associated with its operations.
8.17%

...this company is doing 8.17% better in emissions than the industry average.

Founded in 1925, American Savings Bank (ASB) is a prominent financial institution headquartered in Honolulu, Hawai’i. Operating within the finance sector, ASB offers a comprehensive suite of services including business and consumer banking, home loans, insurance, and investment solutions. The company is renowned for its extended hours, statewide branch network, and commitment to an exceptional customer and employee experience, earning multiple accolades for workplace excellence.

Bad news, American Savings Bank hasn't committed to SBTi goals.

American Savings Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank has not formally defined or announced targets for reducing its greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

American Savings Bank could reduce its emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, potentially achieving a 30% reduction in their scope 2 emissions.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.