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Public Profile
Financial Intermediation
US
updated a month ago

U.S. Bank National Association ND Sustainability Profile

Company website

U.S. Bank National Association, commonly referred to as U.S. Bank, is a prominent 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 major operational regions across the Midwest and West. 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. Its commitment to innovation and customer service sets it apart in a competitive market. Notable achievements include consistently high rankings in customer satisfaction and a strong focus on sustainable banking practices. U.S. Bank's dedication to community engagement and financial literacy further solidifies its position as a trusted leader in the financial sector.

DitchCarbon Score

How does U.S. Bank National Association ND'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.

43

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.

32

Industry Benchmark

U.S. Bank National Association ND's score of 43 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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U.S. Bank National Association ND's reported carbon emissions

Inherited from U.S. Bancorp

U.S. Bank National Association ND currently does not report specific carbon emissions data, as no emissions figures are available. The bank's climate commitments and reduction initiatives are inherited from its parent company, U.S. Bancorp, at a cascade level of 2. While specific reduction targets or achievements are not detailed, U.S. Bancorp has been active in climate-related initiatives, including participation in the CDP (formerly the Carbon Disclosure Project). However, U.S. Bank National Association ND has not set specific Science-Based Targets (SBTi) or other formal reduction targets at this level. As a merged entity, U.S. Bank National Association ND is part of a broader commitment to sustainability and climate action, reflecting the industry's increasing focus on reducing carbon footprints and enhancing environmental responsibility.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142017201820192020202120222023
Scope 1
60,412,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
354,799,000
-
-
000,000,000
000,000,000
00,000,000
0,000,000
0,000,000
Scope 3
114,415,000
-
-
-
00,000,000
00,000,000
-
000,000,000

How Carbon Intensive is U.S. Bank National Association ND's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. U.S. Bank National Association ND's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is U.S. Bank National Association ND's Location?

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 U.S. Bank National Association ND is in US, which has a low grid carbon intensity relative to other regions.

U.S. Bank National Association ND's Scope 3 Categories Breakdown

U.S. Bank National Association ND's Scope 3 emissions, which increased by 67% last year and increased by approximately 21% since 2014, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 41% of Scope 3 emissions.

Top Scope 3 Categories

2023
Employee Commuting
41%
Business Travel
28%
Downstream Leased Assets
15%
Waste Generated in Operations
13%
Upstream Leased Assets
3%

U.S. Bank National Association ND's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

U.S. Bank National Association ND has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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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