The Federal Reserve Bank of Chicago, often referred to as the Chicago Fed, is a pivotal institution within the United States' central banking system. Established in 1914, its headquarters is located in Chicago, Illinois, serving the Seventh Federal Reserve District, which encompasses parts of Illinois, Indiana, Iowa, Michigan, and Wisconsin. As a key player in the financial services industry, the Chicago Fed focuses on monetary policy, financial stability, and economic research. It offers unique services such as payment processing and community development initiatives, which distinguish it from other regional banks. Notably, the Chicago Fed has made significant contributions to economic policy discussions and has been instrumental in various financial innovations, solidifying its position as a leader in the Federal Reserve System.
How does Federal Reserve Bank of Chicago'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.
Mean score of companies in the Services Auxiliary to 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.
Federal Reserve Bank of Chicago's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Federal Reserve Bank of Chicago currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that the Federal Reserve Bank of Chicago may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As such, the organisation's climate strategy remains unclear within the context of industry standards.
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.
Federal Reserve Bank of Chicago 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.