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U.S. Bank National Association, commonly referred to as U.S. Bank, is a leading financial institution headquartered in the United States. Established in 1863, it has grown to become one of the largest banks in the country, with a significant presence in the Midwest and West regions. Operating within the banking and financial services industry, U.S. Bank offers a diverse range of products, including personal and business banking, investment services, and wealth management. Notable for its commitment to innovation, U.S. Bank has achieved several key milestones, including the introduction of advanced digital banking solutions. Its core offerings, such as credit cards, mortgages, and commercial lending, are distinguished by competitive rates and exceptional customer service. With a strong market position, U.S. Bank is recognised for its financial stability and has received numerous accolades for its performance and community involvement.
How does U.S. 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.
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.
U.S. Bank National Association's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, U.S. Bank National Association reported total carbon emissions of approximately 156,194,000 kg CO2e. This figure includes Scope 1 emissions of about 38,206,000 kg CO2e, Scope 2 emissions (market-based) of approximately 9,902,000 kg CO2e, and significant Scope 3 emissions, notably from employee commuting at about 55,642,000 kg CO2e and waste generated in operations at approximately 6,326,000 kg CO2e. The bank has set an ambitious commitment to achieve net zero greenhouse gas (GHG) emissions by 2051, a long-term goal initiated in 2022. This commitment encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. U.S. Bank National Association's emissions data is cascaded from its parent company, U.S. Bancorp, which provides a broader context for its sustainability initiatives. The bank's efforts align with industry standards and demonstrate a proactive stance in addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2017 | 2018 | 2022 | |
---|---|---|---|---|
Scope 1 | 60,412,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 354,799,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Scope 3 | - | - | 0,000,000 | 00,000,000 |
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.
U.S. Bank National Association is not participating in any of the initiatives that 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.