Ditchcarbon
  • Contact
  1. Organizations
  2. PNC Bank, National Association
Public Profile
Financial Intermediation
US
updated 4 months ago

PNC Bank, National Association Sustainability Profile

Company website

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.

60

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.

29

Industry Benchmark

PNC Bank, National Association's score of 60 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

Let us know if this data was useful to you

PNC Bank, National Association's reported carbon emissions

Inherited from The PNC Financial Services Group, Inc.

As of the latest available data, PNC Bank, National Association does not report specific carbon emissions figures. However, it is important to note that emissions data may be cascaded from its parent company, The PNC Financial Services Group, Inc., at a cascade level of 2. This means that any climate commitments or emissions performance metrics may be derived from the broader corporate family. PNC Bank has not outlined specific reduction targets or initiatives in its own reporting. However, it is part of a larger commitment to sustainability and climate action through initiatives led by The PNC Financial Services Group, Inc. This includes participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, which focuses on transitioning to 100% renewable energy. While specific emissions data and reduction targets are not available for PNC Bank, its involvement in these initiatives indicates a commitment to addressing climate change and reducing carbon footprints in alignment with industry standards.

Unlock detailed emissions data

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

20202021202220232024
Scope 1
23,767,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
112,544,000
00,000,000
00,000,000
00,000,000
0,000,000
Scope 3
16,467,000
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is PNC Bank, National Association's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PNC Bank, National Association's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is PNC Bank, 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 PNC Bank, National Association is in US, which has a low grid carbon intensity relative to other regions.

PNC Bank, National Association's Scope 3 Categories Breakdown

PNC Bank, National Association's Scope 3 emissions, which increased by 35% last year and increased by approximately 380% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 61% of Scope 3 emissions.

Top Scope 3 Categories

2024
Employee Commuting
61%
Business Travel
27%

PNC Bank, 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.

PNC Bank, 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 PNC Bank, National Association's Emissions with Industry Peers

First Midwest Bank

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

Morgan Stanley Bank, N.A.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Charles Schwab Bank, SSB

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

The Park National Bank

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

Wells Fargo Bank, National Association

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

First National Bank of Omaha

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Let us know if this data was useful to you

Where does DitchCarbon data come from?

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

Ditchcarbon
v251030.3
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy