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Capital One Financial Corp
Capital One Financial's GHG Emissions Data Preview
In 2024, Capital One Financial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Capital One Financial has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Capital One Financial’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Capital One Financial’s data sources below and access millions more through our Disclosure Search.
Insights into Capital One Financial's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCapital One Financial amounted to79,139metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Capital One Financialdecreased by 8.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Capital One Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Capital One Financial's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Capital One Financial were 7,251 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Capital One Financial reduced its Scope 1 emissions over time?
Since 2019, Capital One Financial's Scope 1 emissions have decreased by 38.16%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Capital One Financial's Scope 1 emissions decreased by 15.78%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Capital One Financial's Scope 2 emissions?
In 2024, Capital One Financial reported Scope 2 greenhouse gas (GHG) emissions of 2,041 tCOâ‚‚e using the market-based method and 71,888 tCOâ‚‚e using the location-based method.a
Has Capital One Financial reduced its Scope 2 emissions over time?
Since 2019, Capital One Financial's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 53.91%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Capital One Financial's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Capital One Financial's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Capital One Financial use for Scope 2 reporting?
In 2024, Capital One Financial reported its Scope 2 emissions using the market-based method and using the location-based method.a
Capital One Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Capital One Financial's Value Chain Emissions
In 2024, Capital One Financial reported 512,503 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Capital One Financial includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Capital One Financial's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Capital One Financial's Scope 3 emissions?
In 2024, Capital One Financial reported total Scope 3 emissions of 512,503 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.01%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.99%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Capital One Financial reduced its Scope 3 emissions over time?
Since 2019, Capital One Financial's Scope 3 emissionshave decreased by 33.33%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Capital One Financial's Scope 3 emissions remained relatively stable, indicating that Capital One Financial's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Capital One Financial disclose?
In 2024, Capital One Financial reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Capital One Financial's Scope 3 emissions?
In 2024, the largest contributors to Capital One Financial's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 416,074 tCOâ‚‚e(81.18%)
- Upstream Transportation and Distribution (Cat. 4): 35,211 tCOâ‚‚e(6.87%)
- Business Travel (Cat. 6): 26,771 tCOâ‚‚e(5.22%)
Capital One Financial's Scope 3 Emissions by Categories
Insights into Capital One Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Capital One Financial reported Scope 1 greenhouse gas (GHG) emissions of 7,251 tCOâ‚‚e and total revenues of USD 39,110 millions. This translates into an emissions intensity of 0.19 tCOâ‚‚e per millions USD.a
Capital One Financial's Scope 1 Emissions Intensity Compared to Peers
How does Capital One Financial's GHG emissions intensity compare to its peers?
In 2024, Capital One Financial reported a Scope 1 emissions intensity of 0.19 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.35, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Capital One Financial rank on GHG emissions intensity within its industry?
In 2024, Capital One Financial ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Capital One Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Capital One Financial's Total Carbon Footprint
In 2024, Capital One Financial reported a total carbon footprint of 591,642 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Capital One Financial's total carbon footprint was Scope 3 emissions, accounting for 86.62% of the company's total carbon footprint, followed by Scope 2 emissions at 12.15%.a