KeyBank USA, a prominent financial institution headquartered in the United States, has been serving clients since its founding in 1849. With a strong presence in major operational regions across the Midwest and Northeast, KeyBank is well-regarded in the banking industry for its comprehensive range of services. The bank offers a variety of core products, including personal and business banking, investment management, and mortgage services, distinguished by its commitment to customer service and community engagement. KeyBank has achieved notable milestones, such as its expansion into new markets and the development of innovative financial solutions. Recognised for its stability and customer-centric approach, KeyBank continues to solidify its market position as a trusted partner for individuals and businesses alike, making it a key player in the competitive landscape of American banking.
How does KeyBank USA'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 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 USA's score of 26 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
KeyBank USA currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. However, it is important to note that KeyBank USA's climate commitments and emissions data are cascaded from its parent company, KeyCorp, at a level 2 relationship. This means that any relevant emissions data or climate initiatives would be derived from KeyCorp's reporting. As of now, there are no documented reduction targets or specific climate pledges from KeyBank USA. The absence of such data suggests that the organisation may still be in the process of establishing its own distinct climate strategy or may rely on the broader initiatives set forth by KeyCorp. In the context of the financial services industry, many institutions are increasingly focusing on sustainability and carbon reduction. KeyBank USA's commitment to addressing climate change will likely align with industry standards and practices as it develops its own initiatives.
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 USA'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 USA 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.
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