US Bank NA Sustainability Profile
US Bank National Association, commonly known as US Bank, is a prominent 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 Western regions. Operating within the banking and financial services industry, US Bank offers a diverse range of products, including personal and business banking, investment services, and wealth management. Renowned for its commitment to customer service and innovative solutions, US Bank has achieved notable milestones, such as being recognised for its digital banking capabilities. With a strong market position, it consistently ranks among the top banks in the United States, serving millions of customers and businesses with tailored financial solutions that meet their unique needs.
DitchCarbon Score
How does US Bank NA'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 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 Bank NA's score of 11 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, US Bank NA does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The organisation is a current subsidiary of U.S. Bancorp, which may influence its climate commitments and reporting practices. US Bank NA has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This suggests that while the bank may be engaged in broader sustainability efforts, it has not publicly committed to quantifiable emissions reduction goals. The emissions data and climate commitments of US Bank NA are likely influenced by its parent company, U.S. Bancorp, which may have its own sustainability strategies and reporting frameworks. However, without specific emissions data or reduction targets from either entity, it is challenging to assess the bank's overall climate impact or commitments. In summary, US Bank NA currently lacks publicly available emissions data and defined climate commitments, reflecting a broader context of corporate sustainability practices within the financial services sector.
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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 | 00,000,000 | 000,000,000 |
How Carbon Intensive is US Bank NA's Industry?
How Carbon Intensive is US Bank NA's Location?
US Bank NA's Scope 3 Categories Breakdown
US Bank NA's Scope 3 emissions, which increased by 163% 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
US Bank NA'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.
US Bank NA 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.
