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.
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.
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.
Us Bancorp's score of 35 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, US Bancorp reported total emissions of approximately 38,206,300 kg CO2e for Scope 1 and 9,901,600 kg CO2e for Scope 2, alongside significant Scope 3 emissions, including 23,206,200 kg CO2e from business travel and 55,642,400 kg CO2e from employee commuting. The bank has set ambitious targets to reduce its carbon footprint, aiming for a 10% reduction in normalized emissions from heating and purchased electricity (Scope 1 and 2) by 2025, using 2021 as a baseline. This commitment reflects US Bancorp's dedication to sustainability and its proactive approach to addressing climate change. The bank's emissions intensity has also shown improvement, with a reported reduction in emissions per unit of revenue over recent years.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2017 | 2018 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 60,412,000 | 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 |
Scope 3 | - | - | 00,000,000 | 00,000,000 | 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.
Us Bancorp is not committed to any reduction initiatives 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.