PNC Financial Services Group, commonly known as PNC, is a leading provider of financial intermediation services based in the United States. Founded in 1845, PNC has established a strong presence across major operational regions, including the Mid-Atlantic, Midwest, and Southeast. The company operates within the financial intermediation sector, focusing on a diverse range of services such as retail banking, corporate banking, asset management, and wealth management.
With a commitment to innovation, PNC offers unique products like its Virtual Wallet, which integrates banking and budgeting tools to enhance customer experience. The firm has consistently been recognised for its strong market position, achieving notable milestones such as being named one of the top banks in the U.S. for customer satisfaction. PNC's dedication to providing tailored financial solutions underscores its reputation as a trusted partner in the financial services industry.
+18 vs industry average
PNC’s score of 55 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at PNC?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
PNC's reported carbon emissions
PNC's latest reported emissions data is for 2025, with Scope 3 investments totalling approximately 31.9 billion kg CO2e. For 2024, total Scope 1 and 2 emissions, using the market-based approach, were approximately 34.988 million kg CO2e. Scope 3 emissions for 2024 were approximately 79.085 million kg CO2e, comprising business travel and employee commute.
PNC has set ambitious climate targets. The company aims for net-zero emissions by 2025 for both Scope 1 and Scope 2. Furthermore, PNC is working towards an 80% reduction in Scope 1 and 2 carbon emissions by 2030, compared to a 2022 baseline. Additionally, a 75% reduction in carbon emissions and energy use, compared to a 2009 baseline, is targeted by 2035. PNC also aims to achieve 100% renewable purchased electricity by 2025.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
PNC’s Climate Goals (2030 & 2050)
8 goals2030
80% reduction in Scope 2
80% carbon emissions reduction (Scopes 1 & 2) by 2030
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 8 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
PNC
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project