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Huntington Bancshares Incorporated, commonly referred to as Huntington Bank, is a prominent financial institution headquartered in the United States. Specialising in financial intermediation services, excluding insurance and pension funding, the company serves a broad customer base across multiple regions, primarily within the US. Founded in 1866, Huntington has established a long-standing presence in the banking sector, achieving notable milestones in its growth and expansion.
The bank offers a comprehensive range of core products, including personal banking, business banking, and wealth management services. Its innovative approach to digital banking and customer-centric solutions distinguishes Huntington within the competitive financial services industry. Recognised for its stability and market position, Huntington Bancshares continues to be a key player in delivering reliable financial intermediation services across the United States.
+20 vs industry average
Huntington Bancshares’s score of 57 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Huntington Bancshares reported total emissions of approximately 202.9 million kg CO2e in 2024. This included Scope 1 emissions of 19.1 million kg CO2e, Scope 2 emissions of 56.5 million kg CO2e, and Scope 3 emissions of approximately 129.7 million kg CO2e. For 2023, the company's total emissions were approximately 299.8 million kg CO2e, comprising Scope 1 emissions of 18.4 million kg CO2e, Scope 2 emissions of 61.3 million kg CO2e, and Scope 3 emissions of approximately 240.2 million kg CO2e.
Huntington Bancshares has set several climate commitments. The company aims for a net-zero carbon economy, with long-term targets for Scope 1 and Scope 2 emissions by 2050. They are also establishing interim (2030) Scope 1 and Scope 2 emissions reduction targets.
Regarding specific absolute reduction targets, Huntington Bancshares aims for a 31% reduction in Scope 1 emissions by 2027, using a 2017 baseline. Similarly, they target a 31% reduction in Scope 2 emissions by 2027, also from a 2017 baseline. Longer-term, the company is committed to a 41% reduction in Scope 1 emissions by 2037 and a 41% reduction in Scope 2 emissions by 2037, both against a 2017 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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