Public Profile

Huntington Bancshares

Huntington Bancshares Incorporated, commonly known as Huntington Bank, is a prominent financial institution headquartered in Columbus, Ohio, USA. Founded in 1866, the bank has established a strong presence across the Midwest, particularly in Ohio, Michigan, Pennsylvania, and Indiana. As a leading player in the banking industry, Huntington offers a comprehensive range of services, including personal and commercial banking, wealth management, and investment services. Huntington is recognised for its customer-centric approach, exemplified by its innovative products such as the 24-Hour Grace® overdraft policy, which sets it apart from competitors. With a commitment to community engagement and sustainable practices, Huntington has garnered numerous accolades, solidifying its position as a trusted financial partner. The bank continues to thrive, driven by a focus on enhancing customer experiences and expanding its market reach.

DitchCarbon Score

How does Huntington Bancshares'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.

43

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.

3

Industry Benchmark

Huntington Bancshares'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.

95%

Huntington Bancshares's reported carbon emissions

In 2023, Huntington Bancshares reported total carbon emissions of approximately 16331000 kg CO2e for Scope 1, 50793000 kg CO2e for Scope 2, and 1798928000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on indirect emissions, particularly from purchased goods and services, which accounted for about 201070000 kg CO2e. Over the years, Huntington has shown fluctuations in its emissions. For instance, in 2022, the bank's Scope 1 emissions were approximately 17895000 kg CO2e, while Scope 2 emissions were about 54345000 kg CO2e, and Scope 3 emissions reached approximately 1857162000 kg CO2e. The bank's emissions peaked in 2021 with Scope 3 emissions at around 1992310000 kg CO2e. Despite these figures, Huntington Bancshares has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its operational footprint and highlights the importance of addressing both direct and indirect emissions in its climate strategy.

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2017201820192020202120222023
Scope 1
14,341,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
77,722,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
5,349,000
00,000,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Huntington Bancshares's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Huntington Bancshares is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Huntington Bancshares 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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