Federal Reserve Bank of Chicago Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Federal Reserve Bank of Chicago's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Federal Reserve Bank of Chicago's reported carbon emissions
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, and it does not inherit emissions data from any parent or related organisations.
How Carbon Intensive is Federal Reserve Bank of Chicago's Industry?
How Carbon Intensive is Federal Reserve Bank of Chicago's Location?
Federal Reserve Bank of Chicago'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.
Federal Reserve Bank of Chicago 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.
