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American Savings Bank

Your bank has room for improvement on climate responsibility.

American Savings Bank is a subsidiary of Hawaiian Electric Industries, a publicly traded company.

The bank has commercial lending but it appears to be limited to small and medium-sized companies.

While we cannot rule out that some lending is to companies engaged in the fossil fuel industry, we consider this to be unlikely.

On the other hand, the bank has $147 million of clean energy and energy efficiency loans, 24% of the overall lending book at September 30, 2024.

We would like to see the bank put in place an explicit policy stating it will not lend to the fossil fuel industry.

We would also like to see it measure the greenhouse gas emissions enabled by its lending and to set science-based emission reduction targets.

Bank.Green believes that mass movements will pull us out of the climate crisis – and they’ll pull your bank out, too.

We were founded on the belief that banks have had an easy time from their customers for too long. Our mission is to encourage as many people as possible to take a stand - to refuse to let their money fuel environmental destruction any longer. Join us in building this movement by pressuring your bank to do better, or by taking your money to somewhere that cares about our planet's future.

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Start to Bank Green Today

Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:

Send a message to your bank that it must defund fossil fuels

Join a fast-growing movement of consumers standing up for their future

Take a critical climate action with profound effects

How do we derive our results?

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Bank.Green is a project of Empowerment Works Inc. 501(c)(3)