PNC Mortgage Inc. Sustainability Profile
PNC Mortgage Inc., a prominent player in the US mortgage industry, is headquartered in Pittsburgh, Pennsylvania. Founded in 1852, the company has established itself as a trusted provider of home financing solutions, serving customers across various regions, including the Midwest and East Coast. Specialising in residential mortgages, PNC Mortgage offers a range of products, including conventional loans, FHA loans, and VA loans, tailored to meet diverse customer needs. Their commitment to personalised service and innovative technology sets them apart in a competitive market. With a strong market position, PNC Mortgage has achieved notable milestones, including recognition for customer satisfaction and a robust online platform that simplifies the mortgage process. As part of PNC Financial Services Group, the company continues to uphold a reputation for reliability and excellence in home lending.
DitchCarbon Score
How does PNC Mortgage Inc.'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 Mortgage Inc.'s score of 66 is higher than 81% 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 Mortgage Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of The PNC Financial Services Group, Inc., and any relevant emissions data or climate commitments would be cascaded from this parent organisation. As part of its climate initiatives, PNC Mortgage Inc. inherits sustainability targets and performance metrics from The PNC Financial Services Group, Inc. This includes participation in the Carbon Disclosure Project (CDP) and commitments to renewable energy through the RE100 initiative, both of which are cascaded from the parent company at a level 3 relationship. However, specific reduction targets or achievements for PNC Mortgage Inc. itself have not been disclosed. In summary, while PNC Mortgage Inc. is aligned with broader climate commitments through its parent company, detailed emissions data and specific reduction initiatives for the subsidiary remain unspecified.
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| 2009 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 48,962,000 | 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 | 431,243,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 172,533,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is PNC Mortgage Inc.'s Industry?
How Carbon Intensive is PNC Mortgage Inc.'s Location?
PNC Mortgage Inc.'s Scope 3 Categories Breakdown
PNC Mortgage Inc.'s Scope 3 emissions, which increased by 35% last year and decreased by approximately 54% since 2009, 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
PNC Mortgage Inc.'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 Mortgage Inc. 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.
