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Public Profile
Financial Intermediation
GB
updated 8 days ago

Citizens Bank

Company website

Citizens Bank, officially known as Citizens Financial Group, Inc., is a prominent financial institution headquartered in Great Britain. Established in 1828, the bank has evolved into a key player in the banking industry, primarily serving the northeastern and midwestern regions of the United States. With a diverse portfolio, Citizens Bank offers a range of services including personal banking, commercial banking, and wealth management. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. Recognised for its strong market position, Citizens Bank has achieved significant milestones, including the expansion of its digital banking capabilities. The bank continues to focus on delivering unique products tailored to meet the needs of its customers, solidifying its reputation as a trusted financial partner.

DitchCarbon Score

How does Citizens Bank'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.

59

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.

27

Industry Benchmark

Citizens Bank's score of 59 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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Citizens Bank's reported carbon emissions

In 2024, Citizens Bank reported total carbon emissions of approximately 38,395,000 kg CO2e, which includes 9,552,000 kg CO2e from Scope 1 and 29,509,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions from business travel amounted to about 3,792,000 kg CO2e. This represents a significant commitment to transparency in their environmental impact. Citizens Bank has set ambitious targets to reduce its carbon footprint. By 2030, the bank aims to achieve a 29% reduction in Scope 1 and 2 emissions, using 2023 as the baseline year. Furthermore, the bank has committed to achieving carbon neutrality for its operational emissions by 2035, which includes both Scope 1 and Scope 2 emissions. This commitment involves matching electricity usage with renewable energy and utilising high-quality carbon offsets for any remaining emissions. The bank's emissions data is sourced from Citizens Financial Group, Inc., ensuring a comprehensive understanding of its environmental impact. As part of its long-term strategy, Citizens Bank is actively working towards sustainability and reducing its overall carbon emissions, aligning with industry standards and climate commitments.

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
00,000,000
Scope 3
-
-
-
-
-
-
-
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Citizens Bank'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. This request for Citizens Bank is in GB, which has a low grid carbon intensity relative to other regions.

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.

Citizens Bank 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.

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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