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 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citizens Bank's reported carbon emissions
In 2023, Citizens Bank reported a total of approximately 41,381,000 kg CO2e in Scope 1 and 2 emissions. This marks a significant reduction from previous years, reflecting the bank's commitment to sustainability. For instance, in 2022, their Scope 1 and 2 emissions were about 50,615,000 kg CO2e, indicating a downward trend in their operational carbon footprint. 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, demonstrating their long-term dedication to environmental responsibility. The bank's emissions data from previous years shows a consistent effort to reduce their carbon impact, with emissions decreasing from about 56,921,000 kg CO2e in 2016 to the current figure. This reduction aligns with their overarching goal of achieving net-zero emissions across all scopes in the future.
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 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.
