U.S. Bank National Association
U.S. Bank National Association, commonly referred to as U.S. Bank, is a leading financial institution headquartered in the United States. Established in 1863, it has grown to become one of the largest banks in the country, with a significant presence in the Midwest and West regions. Operating within the banking and financial services industry, U.S. Bank offers a diverse range of products, including personal and business banking, investment services, and wealth management. Notable for its commitment to innovation, U.S. Bank has achieved several key milestones, including the introduction of advanced digital banking solutions. Its core offerings, such as credit cards, mortgages, and commercial lending, are distinguished by competitive rates and exceptional customer service. With a strong market position, U.S. Bank is recognised for its financial stability and has received numerous accolades for its performance and community involvement.
DitchCarbon Score
How does U.S. Bank National Association'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
U.S. Bank National Association's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
U.S. Bank National Association's reported carbon emissions
In 2022, U.S. Bank National Association reported total carbon emissions of approximately 38,206,000 kg CO2e for Scope 1 and 9,902,000 kg CO2e for Scope 2 (market-based). The bank also disclosed Scope 3 emissions, which included about 23,206,000 kg CO2e from business travel, 55,642,000 kg CO2e from employee commute, 22,911,000 kg CO2e from downstream leased assets, and 6,326,000 kg CO2e from waste generated in operations. Comparatively, in 2018, the bank's emissions were higher, with Scope 1 emissions at approximately 63,333,000 kg CO2e and Scope 2 emissions (market-based) at about 233,322,000 kg CO2e. The Scope 3 emissions for that year included about 32,382,000 kg CO2e from business travel and 5,165,000 kg CO2e from waste generated in operations. Despite these figures, U.S. Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects a significant reduction in Scope 1 and Scope 2 emissions from 2018 to 2022, showcasing a potential commitment to improving its carbon footprint.
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| 2017 | 2018 | 2022 | |
|---|---|---|---|
| Scope 1 | 55,029,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 239,367,000 | 000,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 000,000,000 |
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.
U.S. Bank National Association is not committed to any reduction initiatives 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.
