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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.
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
Huntington Bancshares's score of 49 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Huntington Bancshares's reported carbon emissions
In 2023, Huntington Bancshares reported total carbon emissions of approximately 1,798,928,000 kg CO2e. This figure includes Scope 1 emissions of about 16,331,000 kg CO2e, Scope 2 emissions of approximately 50,793,000 kg CO2e, and significant Scope 3 emissions totalling around 1,731,804,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (about 201,070,000 kg CO2e) and employee commuting (approximately 94,198,000 kg CO2e). Huntington Bancshares has set ambitious reduction targets, aiming for a 31% reduction in both Scope 1 and Scope 2 emissions by 2027, with a long-term goal of achieving a 41% reduction by 2037. Additionally, the company is committed to establishing interim targets for 2030 and developing long-term strategies to reach net-zero emissions by 2050. The organisation's climate commitments reflect a proactive approach to sustainability, aligning with industry standards and demonstrating a commitment to reducing its carbon footprint. These initiatives are crucial as the financial sector increasingly faces scrutiny regarding environmental impact and climate change mitigation.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| 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 | 000,000,000 | 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.
Huntington Bancshares is not participating in any of the initiatives that 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.
