U.S. Bank National Association
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 34 is higher than 59% 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's reported carbon emissions
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's emissions data is cascaded from its parent company, U.S. Bancorp, which provides a broader context for its climate impact. U.S. Bank National Association has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future commitment. Historically, in 2018, the bank's total emissions were reported at approximately 350,524,000 kg CO2e, showcasing a notable reduction in emissions over the years. The bank's commitment to sustainability is evident, although specific reduction initiatives or targets have not been disclosed. Overall, U.S. Bank National Association's emissions profile reflects a significant commitment to understanding and managing its carbon footprint, with opportunities for further enhancement in its climate strategy.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
