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Us Bancorp
U.S. Bancorp, the parent company of U.S. Bank, is a leading financial services provider headquartered in the United States. Founded in 1863, the company has established a strong presence across major operational regions, including the Midwest and West Coast. Operating within the banking industry, U.S. Bancorp offers a diverse range of services, including personal and commercial banking, investment management, and payment solutions. Renowned for its commitment to customer service and innovative financial products, U.S. Bancorp has achieved significant milestones, such as being consistently ranked among the top banks in the United States. Its core offerings, including digital banking solutions and tailored financial advice, set it apart in a competitive market. With a robust market position, U.S. Bancorp continues to drive growth and enhance its reputation as a trusted financial partner.
DitchCarbon Score
How does Us Bancorp'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
Us Bancorp's score of 64 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Us Bancorp's reported carbon emissions
In 2023, U.S. Bancorp reported total carbon emissions of approximately 36,798,000 kg CO2e for Scope 1, 7,584,000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including 38,426,000 kg CO2e from business travel and 56,028,000 kg CO2e from employee commuting. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 40% reduction by 2029 and a 60% reduction by 2044, both from a 2014 baseline. These targets encompass both Scope 1 and Scope 2 emissions. U.S. Bancorp has also committed to achieving net zero greenhouse gas emissions by 2050, reflecting its long-term sustainability goals. The company’s emissions data is self-reported and does not cascade from any parent organisation. The commitment to significant reductions and net zero aligns with industry standards for climate action, demonstrating U.S. Bancorp's proactive approach to addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 00,000,000 | 000,000,000 |
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.
Us Bancorp 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.
