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Public Profile
Financial Intermediation
US
updated 9 months ago

Charter One Bank, NA Sustainability Profile

Company website

Charter One Bank, NA, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1994. With a strong presence in the Midwest and Northeast regions, Charter One Bank operates within the banking industry, focusing on retail banking, commercial banking, and wealth management services. The bank is renowned for its customer-centric approach, offering a range of core products including personal and business loans, checking and savings accounts, and investment services. Charter One Bank distinguishes itself through innovative digital banking solutions and personalised customer service. Over the years, the bank has achieved significant milestones, solidifying its market position as a trusted financial partner. With a commitment to community engagement and financial literacy, Charter One Bank continues to make a positive impact in the regions it serves.

DitchCarbon Score

How does Charter One Bank, NA'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.

51

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

Charter One Bank, NA's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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Charter One Bank, NA's reported carbon emissions

Inherited from Citizens Financial Group, Inc.

Charter One Bank, NA, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential area for development in their sustainability strategy. However, emissions data may be inherited from its parent company, Citizens Financial Group, Inc., at a cascade level of 2. This means that any climate-related performance metrics or targets would be reflective of the broader corporate family’s initiatives rather than specific to Charter One Bank, NA. As of now, there are no documented reduction targets or significant climate pledges associated with Charter One Bank, NA. The absence of specific emissions data and reduction initiatives suggests that the bank may need to enhance its focus on climate commitments to align with industry standards and expectations.

Unlock detailed emissions data

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

201620172018201920202021202220232024
Scope 1
-
-
-
-
-
-
-
0,000,000
0,000,000
Scope 2
-
-
-
-
-
-
-
00,000,000
-
Scope 3
-
-
-
-
-
-
-
0,000,000
0,000,000

How Carbon Intensive is Charter One Bank, NA's Industry?

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

How Carbon Intensive is Charter One Bank, NA'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 Charter One Bank, NA is in US, which has a low grid carbon intensity relative to other regions.

Charter One Bank, NA's Scope 3 Categories Breakdown

Charter One Bank, NA's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 1% since 2023, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 31% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 88% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
88%
Purchased Goods and Services
12%

Charter One Bank, NA'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.

Charter One Bank, NA 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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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