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 51 is higher than 96% 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 179,892,800 kg CO2e, with emissions distributed across various scopes: 16,331,000 kg CO2e (Scope 1), 50,793,000 kg CO2e (Scope 2), and 1,798,928,000 kg CO2e (Scope 3). The company has set ambitious reduction targets, aiming for a 35% reduction in Scope 1 and Scope 2 emissions by 2030, starting from 2022 levels. Additionally, Huntington plans to achieve a 50% reduction in Scope 2 market-based emissions by 2035. Historically, Huntington's emissions have fluctuated, with Scope 1 emissions at 12,328,000 kg CO2e and Scope 2 emissions at 47,838,000 kg CO2e in 2021. The company has disclosed emissions data across all three scopes, demonstrating a commitment to transparency and accountability in its climate strategy. Huntington's initiatives reflect a growing recognition of the importance of addressing climate change within the financial sector, aligning with industry standards and expectations for corporate sustainability.
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| 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 | 0,000,000,000 | 0,000,000,000 |
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.
