Federal Reserve System
The Federal Reserve System, often referred to simply as the Federal Reserve or the Fed, serves as the central banking system of the United States. Headquartered in Washington, D.C., it operates across various regions, with 12 regional Federal Reserve Banks strategically located throughout the country. Established in 1913, the Federal Reserve plays a crucial role in the U.S. economy, overseeing monetary policy, regulating banks, and maintaining financial stability. The core services of the Federal Reserve include conducting monetary policy, providing financial services, and supervising and regulating banking institutions. Its unique structure, combining public and private elements, allows it to effectively manage inflation and employment levels. Notably, the Federal Reserve has been instrumental in responding to economic crises, solidifying its position as a key player in global finance and economic policy.
DitchCarbon Score
How does Federal Reserve System'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
Federal Reserve System's score of 35 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Federal Reserve System's reported carbon emissions
In 2023, the Federal Reserve System reported total carbon emissions of approximately 7,219,258,000 kg CO2e, with emissions distributed across various scopes: 7,219,258,000 kg CO2e from Scope 1, 0 kg CO2e from Scope 2, and 153,881,000 kg CO2e from Scope 3. This marks a significant reduction from previous years, particularly from 2022, where emissions were approximately 8,143,103,000 kg CO2e. The Federal Reserve has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments suggests that while the Federal Reserve is aware of its carbon footprint, it has yet to implement structured strategies aimed at reducing emissions in line with industry standards. Overall, the Federal Reserve System's emissions data reflects a complex landscape of carbon output, with a notable decrease in emissions from the previous year, yet it remains to be seen how the institution will address its climate commitments moving forward.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 431,420,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 23,840,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - | - | - | - | - | - | - | - | 000,000,000 | 0,000,000 | - | - | - |
| Scope 3 | 2,035,000 | 00,000 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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.
Federal Reserve System 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.
