Susquehanna Bank Sustainability Profile
Susquehanna Bank, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1901. With a strong presence in the Mid-Atlantic region, particularly in Pennsylvania and Maryland, the bank operates within the banking and financial services industry, offering a range of products tailored to meet diverse customer needs. Specialising in personal banking, commercial banking, and wealth management, Susquehanna Bank distinguishes itself through its commitment to customer service and community engagement. The bank has achieved notable milestones, including its integration into larger financial networks, enhancing its market position. With a focus on innovative financial solutions, Susquehanna Bank continues to be a trusted partner for individuals and businesses alike, reflecting its dedication to fostering financial growth and stability in the communities it serves.
DitchCarbon Score
How does Susquehanna Bank'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 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
Susquehanna Bank's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Susquehanna Bank currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The bank's climate commitments and reduction initiatives are inherited from its parent company, Truist Financial Corporation, at a cascade level of three. While no specific reduction targets or achievements are listed for Susquehanna Bank, it is important to note that the broader Truist Financial Corporation has made commitments to sustainability and climate action. This includes participation in initiatives such as the Carbon Disclosure Project (CDP), which aims to enhance transparency regarding environmental impact. As a merged entity, Susquehanna Bank aligns with the climate strategies of Truist Financial Corporation, which may include industry-standard practices for reducing carbon footprints and addressing climate change. However, without specific data or targets from Susquehanna Bank itself, the details of its individual commitments remain unclear.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,524,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 218,277,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 90,435,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Susquehanna Bank's Industry?
How Carbon Intensive is Susquehanna Bank's Location?
Susquehanna Bank's Scope 3 Categories Breakdown
Susquehanna Bank's Scope 3 emissions, which increased by 338% last year and increased by approximately 318% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 73% of Scope 3 emissions.
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Susquehanna Bank'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.
Susquehanna Bank 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.
