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 64 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, US Bancorp reported total carbon emissions of approximately 178,331,000 kg CO2e. This includes Scope 1 emissions of about 36,798,000 kg CO2e, Scope 2 emissions of approximately 7,584,000 kg CO2e (market-based), and Scope 3 emissions totalling around 134,949,000 kg CO2e, which encompasses business travel, employee commute, downstream leased assets, and waste generated in operations. US Bancorp has set ambitious climate commitments, aiming for a 40% reduction in greenhouse gas (GHG) emissions by 2029, based on a 2014 baseline. Additionally, they have committed to achieving a 60% reduction by 2044. The company has also established a long-term goal to reach net zero GHG emissions by 2050. These initiatives reflect US Bancorp's dedication to sustainability and its proactive approach to addressing climate change, aligning with industry standards for emissions reduction and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 114,415,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
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 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.