- Understanding and managing climate-related financial risks
- Data security risks
Pacific Western Bank
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Pacific Western Bank disclosed greenhouse gas emissions of 6.0K mtCO2e (market-based). By scope: Scope 1: 3.4K mtCO2e; Scope 2: 2.6K mtCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
6.0K mtCO2e (market-based)
2022
Water Usage
6.8M gallons
2022
Waste
3.5M tons of paper recycled
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.4K mtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.6K mtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 6.0K mtCO2e (market-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Committed $125MM to construct two solar projects providing 172 megawatts of clean energy capacity (total of $249MM and 348 megawatts over two years)
- Recycled over 3.5M tons of paper, equivalent to saving 7,651 trees and avoiding 25,504 pounds of landfill waste
- 20 LEED-certified locations (33% increase from 2021)
- Green Solutions for Emerging Communities grant program launched, awarding $500,000 to eight projects focused on climate change mitigation and education in LMI communities
- Provided $462.1 million in financing for 18 affordable housing projects in California FEMA-designated disaster areas
- Reduced water consumption by 20% (6.7 million gallons in 2022)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Expand understanding of climate change impacts
- Align objectives with regulatory disclosure requirements on climate risk
📅 Medium-term
- Develop a climate risk management policy and energy efficiency plan
🌱 ESG Focus Areas
Climate RiskGreenhouse Gas Emissions (GHG)Environmental ImpactDiversity, Equity & InclusionTalent Management & DevelopmentCommunity Development/ReinvestmentResponsible Lending & Financial InclusionData Privacy & ProtectionCorporate GovernanceRisk ManagementCybersecurity