The U.S. Department of the Treasury, commonly referred to as Treasury, is a pivotal institution headquartered in Washington, D.C. Established in 1789, it plays a crucial role in the financial and economic framework of the United States. Treasury is primarily responsible for managing federal finances, producing currency, and formulating economic policy, making it a cornerstone of the nation's financial system. With a focus on areas such as tax collection, debt management, and financial regulation, Treasury's core services include the issuance of government bonds and the administration of fiscal policies. Notably, it has achieved significant milestones, including the implementation of the Troubled Asset Relief Program (TARP) during the 2008 financial crisis. Treasury's strategic initiatives and regulatory oversight position it as a leader in the global financial landscape, ensuring economic stability and growth.
How does Treasury'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.
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.
Treasury's score of 23 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, the US Treasury has not publicly reported any specific carbon emissions figures or detailed climate commitments. Without emissions data, it is challenging to assess their current environmental impact or progress towards sustainability goals. However, the Treasury is expected to align with industry standards and best practices in addressing climate change. While there are no documented reduction targets or initiatives at this time, the Treasury's commitment to reducing carbon emissions may evolve in response to broader governmental and societal pressures for climate action. Stakeholders can anticipate future announcements regarding their strategies for emissions reduction and climate resilience.
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.
Treasury is not committed to any reduction initiatives 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.