U.S. Bank National Association Sustainability Profile
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.
DitchCarbon Score
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.
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
U.S. Bank National Association's score of 43 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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U.S. Bank National Association currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of U.S. Bancorp, which may influence its climate-related initiatives and commitments. While U.S. Bank National Association has not outlined specific reduction targets or achievements, it is important to note that its parent company, U.S. Bancorp, may have relevant climate commitments and performance metrics. However, no specific data or targets have been provided in the current context. As a financial institution, U.S. Bank National Association is likely to be engaged in broader industry efforts to address climate change, including potential participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific details regarding these initiatives or any climate pledges have not been disclosed. In summary, U.S. Bank National Association's current climate commitments and carbon emissions data remain unspecified, reflecting a need for further transparency and reporting in line with industry standards.
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| 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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 | - | 000,000,000 |
How Carbon Intensive is U.S. Bank National Association's Industry?
How Carbon Intensive is U.S. Bank National Association's Location?
U.S. Bank National Association's Scope 3 Categories Breakdown
U.S. Bank National Association's Scope 3 emissions, which increased by 67% 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
U.S. Bank National Association'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 National Association 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.
