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.
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.
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.
Huntington Bancshares's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Huntington Bancshares reported total carbon emissions of approximately 1,800,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,798,928,000 kg CO2e. Scope 1 emissions were reported at approximately 16,331,000 kg CO2e, while Scope 2 emissions totalled about 50,793,000 kg CO2e. Huntington has set ambitious climate commitments, aiming for a 31% reduction in greenhouse gas emissions by 2027, compared to a 2017 baseline. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the bank is pursuing a long-term goal of achieving net-zero emissions by 2050, reflecting its commitment to a sustainable future. In the near term, Huntington aims for a 35% reduction in Scope 1 and Scope 2 emissions by 2030, with a specific focus on reducing Scope 2 emissions by 50% by 2035. These initiatives demonstrate Huntington Bancshares's proactive approach to addressing climate change and reducing its carbon footprint.
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 | 0,000,000,000 | 0,000,000,000 |
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.