Huntington Bancshares
Huntington Bancshares Incorporated, commonly known as Huntington Bank, is a prominent financial institution headquartered in Columbus, Ohio, USA. Founded in 1866, the bank has established a strong presence across the Midwest, particularly in Ohio, Michigan, Pennsylvania, and Indiana. As a leading player in the banking industry, Huntington offers a comprehensive range of services, including personal and commercial banking, wealth management, and investment services. Huntington is recognised for its customer-centric approach, exemplified by its innovative products such as the 24-Hour Grace® overdraft policy, which sets it apart from competitors. With a commitment to community engagement and sustainable practices, Huntington has garnered numerous accolades, solidifying its position as a trusted financial partner. The bank continues to thrive, driven by a focus on enhancing customer experiences and expanding its market reach.
DitchCarbon Score
How does Huntington Bancshares'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
Huntington Bancshares's score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Huntington Bancshares's reported carbon emissions
In 2023, Huntington Bancshares reported total carbon emissions of approximately 1,798,928,000 kg CO2e. This figure includes Scope 1 emissions of about 16,331,000 kg CO2e, Scope 2 emissions of approximately 50,793,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,798,928,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services (approximately 201,070,000 kg CO2e) and employee commuting (about 94,198,000 kg CO2e). Comparatively, in 2022, the total emissions were about 1,857,162,000 kg CO2e, with Scope 1 at approximately 17,895,000 kg CO2e, Scope 2 at around 54,345,000 kg CO2e, and Scope 3 emissions also reaching about 1,857,162,000 kg CO2e. Huntington Bancshares has set ambitious long-term reduction targets, aiming for a 31% reduction in Scope 1 and Scope 2 emissions by 2027, with a further goal of achieving a 41% reduction by 2037. Additionally, the company is committed to pursuing a net-zero-carbon economy by 2050, with interim targets for 2030 currently being established for both Scope 1 and Scope 2 emissions. These commitments reflect Huntington's proactive approach to climate action, aligning with industry standards and demonstrating a clear pathway towards significant emissions reductions in the coming years.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 14,341,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 77,722,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,349,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Huntington Bancshares 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.
