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Public Profile
Financial Intermediation
US
updated a month ago

KeyBank National Association Sustainability Profile

Company website

KeyBank National Association, commonly referred to as KeyBank, is a prominent financial institution headquartered in the United States. Established in 1849, KeyBank has evolved into a leading player in the banking industry, primarily serving the Midwest and Northeast regions. The bank offers a comprehensive range of services, including personal banking, commercial banking, investment management, and mortgage solutions, distinguished by its commitment to customer service and community engagement. With a strong market position, KeyBank has achieved notable milestones, including its recognition as one of the top banks in the U.S. for customer satisfaction. The bank's core products, such as its innovative digital banking platform and tailored financial solutions, set it apart in a competitive landscape. KeyBank continues to focus on sustainable growth and enhancing the financial well-being of its clients and communities.

DitchCarbon Score

How does KeyBank National Association'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.

46

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.

32

Industry Benchmark

KeyBank National Association's score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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KeyBank National Association's reported carbon emissions

Inherited from KeyCorp

KeyBank National Association, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of KeyCorp, which may influence its climate commitments and emissions reporting. As of now, KeyBank has not outlined any specific reduction targets or initiatives related to carbon emissions. The absence of documented reduction targets suggests that the bank is still in the early stages of formalising its climate strategy. KeyBank's climate commitments may be informed by broader initiatives from its parent company, KeyCorp, which has been involved in various sustainability efforts. However, specific details regarding emissions reductions or climate pledges from KeyCorp have not been provided in the available data. In summary, while KeyBank National Association is part of a larger corporate family that may have climate initiatives, it currently lacks specific emissions data and defined reduction targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20112012201320142015201620172018201920202021202220232024
Scope 1
77,029,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
-
-
-
Scope 2
48,239,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
14,027,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is KeyBank National Association's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. KeyBank National Association's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is KeyBank National Association's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for KeyBank National Association is in US, which has a low grid carbon intensity relative to other regions.

KeyBank National Association's Scope 3 Categories Breakdown

KeyBank National Association's Scope 3 emissions, which decreased by 5% last year and increased by approximately 311% since 2011, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 60% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 36% of Scope 3 emissions.

Top Scope 3 Categories

2024
Employee Commuting
36%
Business Travel
22%
Upstream Transportation & Distribution
15%
Upstream Leased Assets
8%
Capital Goods
7%
Fuel and Energy Related Activities
5%
Purchased Goods and Services
4%
Waste Generated in Operations
2%

KeyBank National Association's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

KeyBank National Association has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare KeyBank National Association's Emissions with Industry Peers

Banner Bank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

NBT Bank, National Association

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

The Park National Bank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Columbia State Bank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

LCNB National Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Community Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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