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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
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.
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.