Huntington Bancshares

Huntington Bancshares's reported carbon emissions

In 2023, Huntington Bancshares reported total carbon emissions of approximately 1.8 billion kg CO2e. This figure includes Scope 1 emissions of about 16.3 million kg CO2e, Scope 2 emissions of approximately 50.8 million kg CO2e, and significant Scope 3 emissions totalling around 1.7 billion kg CO2e, which encompasses categories such as investments, employee commute, and purchased goods and services. Huntington has set ambitious climate commitments, aiming for a 31% reduction in Scope 1 and Scope 2 emissions by 2027, with a long-term goal of achieving net-zero emissions by 2050. Additionally, they are targeting a 41% reduction in Scope 1 and Scope 2 emissions by 2037. These targets reflect their commitment to a sustainable future and align with industry standards for greenhouse gas reduction. The emissions data is sourced directly from Huntington Bancshares Incorporated, with no cascading from a parent organization. The company is actively working towards refining its long-term climate strategies and establishing interim targets for 2030, demonstrating a proactive approach to addressing climate change.