Capital One Financial Corporation, commonly known as Capital One, is a leading financial services company headquartered in the United States. Founded in 1994, it has established itself as a prominent player in the banking industry, particularly in credit cards, auto loans, banking, and savings accounts. With a strong presence across major operational regions, including the East Coast and West Coast, Capital One has consistently innovated its offerings. The company is renowned for its user-friendly digital banking solutions and competitive credit card rewards programmes, which set it apart in a crowded marketplace. Notable achievements include being one of the largest credit card issuers in the US, reflecting its robust market position. Capital One continues to focus on technology-driven financial services, making banking more accessible and efficient for millions of customers.
How does Capital One'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.
Capital One's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Capital One reported total carbon emissions of approximately 529,354,000 kg CO2e. This figure includes 8,610,000 kg CO2e from Scope 1 emissions, 77,782,000 kg CO2e from Scope 2 emissions, and 518,159,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions primarily stem from purchased goods and services, business travel, and employee commuting. Over the years, Capital One has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 688,828,000 kg CO2e, indicating a reduction in 2023. The company has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. Capital One's emissions profile reflects its operational scale, with significant contributions from both direct and indirect sources. The company continues to navigate its climate commitments within the broader context of corporate responsibility and sustainability in the financial services industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 188,365,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 25,992,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Capital One 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.