US Bank Sustainability Profile
US Bank, officially known as U.S. Bancorp, is a leading financial institution headquartered in the United States, with a significant presence across the Midwest and West regions. Founded in 1863, the bank has evolved into a major player in the banking industry, offering a diverse range of services including personal banking, corporate banking, investment services, and wealth management. With a commitment to innovation, US Bank stands out for its customer-centric approach and advanced digital banking solutions. The bank has received numerous accolades for its exceptional customer service and robust financial performance, solidifying its position as one of the largest banks in the United States. Notable achievements include consistent recognition for its sustainability efforts and community engagement initiatives, reflecting its dedication to responsible banking practices.
DitchCarbon Score
How does US Bank'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 Services Auxiliary to 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 Bank's score of 31 is higher than 53% 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 does not report specific carbon emissions figures. However, the bank is part of a corporate family that includes U.S. Bancorp, which may influence its climate commitments and initiatives. US Bank has not outlined specific reduction targets or climate pledges in the provided information. The absence of detailed emissions data suggests that the bank may still be developing its sustainability strategy or reporting framework. It is important to note that US Bank is a current subsidiary of U.S. Bancorp, and any climate-related initiatives or targets may be influenced by the parent company's policies. The bank's commitment to sustainability may align with broader industry trends, including the adoption of Science-Based Targets Initiative (SBTi) standards, although specific targets from this initiative were not disclosed. In summary, while US Bank currently lacks specific emissions data and reduction targets, its affiliation with U.S. Bancorp may play a role in shaping its future climate commitments and sustainability efforts.
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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 |
How Carbon Intensive is US Bank's Industry?
How Carbon Intensive is US Bank's Location?
US Bank's Scope 3 Categories Breakdown
US Bank'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'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 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.
