PNC Bank, National Association
PNC Bank, National Association, commonly referred to as PNC, is a leading financial institution headquartered in the United States. Established in 1845, PNC has grown to become one of the largest diversified financial services companies in the country, with a strong presence in major operational regions including the Midwest, Mid-Atlantic, and Southeast. The bank operates primarily in the banking and financial services industry, offering a wide range of core products and services such as retail banking, corporate banking, asset management, and wealth management. PNC is recognised for its innovative solutions, including its unique Virtual Wallet, which integrates banking and budgeting tools. With a commitment to customer service and community engagement, PNC has achieved notable milestones, solidifying its position as a trusted financial partner for millions of customers across the nation.
DitchCarbon Score
How does PNC Bank, 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.
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
PNC Bank, National Association's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PNC Bank, National Association's reported carbon emissions
In 2023, PNC Bank, National Association reported total carbon emissions of approximately 29,438,000 kg CO2e for Scope 1, 75,649,000 kg CO2e for Scope 2, and significant contributions from Scope 3 emissions, including about 19,586,000 kg CO2e from business travel and 30,687,000 kg CO2e from employee commuting. The previous year, 2022, saw slightly higher emissions, with Scope 1 at 32,100,000 kg CO2e and Scope 2 at 84,961,000 kg CO2e. PNC Bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the bank continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. The bank's emissions per full-time equivalent employee for Scope 1 and 2 were reported at approximately 2,075 kg CO2e, indicating a focus on operational efficiency. Overall, PNC Bank's emissions data reflects its ongoing efforts to understand and manage its carbon footprint, although specific reduction strategies have not been outlined.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 32,100,000 | 00,000,000 |
| Scope 2 | 84,961,000 | 00,000,000 |
| Scope 3 | 59,693,000 | 00,000,000 |
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.
PNC Bank, National Association is not participating in any of the initiatives that 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.
