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Public Profile
Financial Intermediation
US
updated 6 months ago

Washington Federal Bank

Company website

Washington Federal Bank, also known as WaFd Bank, is a prominent financial institution headquartered in the United States. Established in 1917, the bank has grown significantly, serving customers across the Western and Southwestern regions, including states like Washington, Oregon, Idaho, Utah, and Arizona. Operating within the banking industry, Washington Federal Bank focuses on providing a range of services, including personal and business banking, mortgage lending, and wealth management. Its commitment to customer service and community involvement sets it apart in a competitive market. With a strong market position, Washington Federal Bank has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. The bank's unique offerings, such as tailored financial solutions and a user-friendly digital banking platform, cater to the diverse needs of its clientele.

DitchCarbon Score

How does Washington Federal 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.

25

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.

27

Industry Benchmark

Washington Federal Bank's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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Washington Federal Bank's reported carbon emissions

Washington Federal Bank, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank is a current subsidiary of WaFd, Inc., which may influence its climate-related initiatives and reporting. Despite the lack of direct emissions data, Washington Federal Bank is committed to sustainability and climate action. However, there are no documented reduction targets or specific climate pledges available at this time. The bank's climate commitments may be informed by broader industry standards and practices, but specific initiatives or targets have not been disclosed. As a current subsidiary, Washington Federal Bank's climate strategies may align with those of its parent company, WaFd, Inc., which could potentially include participation in initiatives such as the Carbon Disclosure Project (CDP). However, details on these initiatives are not specified in the available data. In summary, while Washington Federal Bank has not provided specific emissions data or reduction targets, its affiliation with WaFd, Inc. suggests a potential commitment to climate action within the framework of its corporate family.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Washington Federal Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Washington Federal Bank is in US, which has a low grid carbon intensity relative to other regions.

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.

Washington Federal 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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