Public Profile

PNC Bank, National Association

PNC Bank, National Association, commonly referred to as PNC, is a leading financial institution headquartered in the United States. Established in 1845, PNC has grown to become one of the largest diversified financial services companies in the country, with a strong presence in major operational regions including the Midwest, Mid-Atlantic, and Southeast. The bank operates primarily in the banking and financial services industry, offering a wide range of core products and services such as retail banking, corporate banking, asset management, and wealth management. PNC is recognised for its innovative solutions, including its unique Virtual Wallet, which integrates banking and budgeting tools. With a commitment to customer service and community engagement, PNC has achieved notable milestones, solidifying its position as a trusted financial partner for millions of customers across the nation.

DitchCarbon Score

How does PNC 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.

42

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.

3

Industry Benchmark

PNC Bank, National Association's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

PNC Bank, National Association's reported carbon emissions

In 2023, PNC Bank, National Association reported total carbon emissions of approximately 29,438,000 kg CO2e for Scope 1 and 75,649,000 kg CO2e for Scope 2. Their Scope 3 emissions included about 19,586,000 kg CO2e from business travel, 30,687,000 kg CO2e from employee commuting, 592,000 kg CO2e from purchased goods and services, 3,699,000 kg CO2e from waste generated in operations, and 2,979,000 kg CO2e from fuel and energy-related activities. Comparatively, in 2022, the bank's emissions were approximately 32,100,000 kg CO2e for Scope 1 and 84,961,000 kg CO2e for Scope 2, indicating a reduction in both scopes in 2023. The bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Overall, PNC Bank's emissions data reflects a significant carbon footprint, with ongoing opportunities for improvement in their climate commitments and reduction strategies.

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20222023
Scope 1
32,100,000
00,000,000
Scope 2
84,961,000
00,000,000
Scope 3
59,693,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PNC Bank, National Association's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. PNC Bank, National Association is headquartered in US, which has a rank of low, indicating low grid carbon 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.

PNC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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