Citizens Bank
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.
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
Citizens Bank's score of 45 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Citizens Bank's reported carbon emissions
In 2023, Citizens Bank reported a total of approximately 41,381,000 kg CO2e in combined Scope 1 and 2 emissions. This marks a significant reduction from previous years, with emissions of about 58,555,000 kg CO2e in 2022 and approximately 39,642,000 kg CO2e in 2021. The bank's emissions profile includes Scope 1 emissions of about 5,855,000 kg CO2e and Scope 2 emissions of about 50,615,000 kg CO2e for 2022. Citizens Bank has set ambitious climate commitments, aiming to neutralise all remaining Scope 1 and 2 emissions by 2035. This will be achieved through a combination of renewable energy credits and high-quality carbon offsets, reflecting the bank's long-term strategy to enhance sustainability across all operations. The bank continues to focus on reducing operational emissions and matching electricity usage with renewable energy sources. Overall, Citizens Bank's commitment to sustainability and emissions reduction demonstrates a proactive approach to addressing climate change, aligning with industry standards and expectations for corporate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
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.
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.
