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 26 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Huntington Bancshares's reported carbon emissions
In 2023, Huntington Bancshares reported total carbon emissions of approximately 16,331,000 kg CO2e for Scope 1, 50,793,000 kg CO2e for Scope 2, and 1,798,928,000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to tracking and managing their carbon footprint across all scopes of emissions. Over the years, Huntington has demonstrated a trend of fluctuating emissions. For instance, in 2022, their Scope 1 emissions were about 17,895,000 kg CO2e, while Scope 2 emissions were approximately 54,345,000 kg CO2e, and Scope 3 emissions reached around 1,857,162,000 kg CO2e. Notably, their Scope 1 emissions have decreased from about 14,341,000 kg CO2e in 2017 to the current figure, indicating some progress in reducing direct emissions. Despite these figures, there are currently no specific reduction targets or initiatives disclosed by Huntington Bancshares, such as Science Based Targets Initiative (SBTi) commitments or climate pledges. This absence of formal reduction targets suggests that while the company is actively monitoring its emissions, it may not yet have established a comprehensive strategy for significant long-term reductions. Overall, Huntington Bancshares is positioned within an industry increasingly focused on sustainability, and their emissions data highlights the importance of continued efforts in carbon management and climate commitments.
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Add to project| 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 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.
