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Public Profile
Financial Intermediation
US
updated 17 days ago

U.S. Bank Home Mortgage Sustainability Profile

Company website

U.S. Bank Home Mortgage, a division of U.S. Bancorp, is headquartered in the United States and serves a diverse clientele across major operational regions, including the Midwest and West Coast. Founded in 1863, the company has established itself as a key player in the mortgage industry, offering a range of services such as conventional loans, FHA loans, and VA loans. What sets U.S. Bank Home Mortgage apart is its commitment to personalised service and innovative digital solutions, making the mortgage process more accessible for homebuyers. With a strong market position, the company has received numerous accolades for customer satisfaction and operational excellence, solidifying its reputation as a trusted partner in home financing.

DitchCarbon Score

How does U.S. Bank Home Mortgage'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.

43

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

U.S. Bank Home Mortgage's score of 43 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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U.S. Bank Home Mortgage's reported carbon emissions

Inherited from U.S. Bancorp

U.S. Bank Home Mortgage currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, it is important to note that U.S. Bank Home Mortgage is a current subsidiary of U.S. Bancorp, which may influence its climate commitments and emissions reporting. As a part of its corporate family, U.S. Bank Home Mortgage's climate initiatives and performance may be informed by U.S. Bancorp's sustainability strategies. U.S. Bancorp has engaged in various climate-related initiatives, including participation in the CDP (formerly the Carbon Disclosure Project), which provides a framework for measuring and managing environmental impact. This relationship suggests that U.S. Bank Home Mortgage may align its climate commitments with those of U.S. Bancorp, although specific reduction targets or achievements for U.S. Bank Home Mortgage have not been disclosed. Currently, there are no documented reduction targets or climate pledges specific to U.S. Bank Home Mortgage, indicating a potential area for development in their sustainability strategy. As the financial services industry increasingly prioritises climate action, U.S. Bank Home Mortgage may benefit from establishing clear emissions reduction goals and commitments to enhance its environmental performance.

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

20142017201820192020202120222023
Scope 1
60,412,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
354,799,000
-
-
000,000,000
000,000,000
00,000,000
0,000,000
0,000,000
Scope 3
114,415,000
-
-
-
00,000,000
00,000,000
00,000,000
000,000,000

How Carbon Intensive is U.S. Bank Home Mortgage's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. U.S. Bank Home Mortgage'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 U.S. Bank Home Mortgage'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 U.S. Bank Home Mortgage is in US, which has a low grid carbon intensity relative to other regions.

U.S. Bank Home Mortgage's Scope 3 Categories Breakdown

U.S. Bank Home Mortgage's Scope 3 emissions, which increased by 163% last year and increased by approximately 21% since 2014, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 41% of Scope 3 emissions.

Top Scope 3 Categories

2023
Employee Commuting
41%
Business Travel
28%
Downstream Leased Assets
15%
Waste Generated in Operations
13%
Upstream Leased Assets
3%

U.S. Bank Home Mortgage'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.

U.S. Bank Home Mortgage 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

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Where does DitchCarbon data come from?

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