Citizens Financial Group Inc
Citizens Financial Group's Climate Target Data Preview
As of 2023, Citizens Financial Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Citizens Financial Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2035 |
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Insights into Citizens Financial Group's Greenhouse Gas Emissions Pathways
As of 2023, Citizens Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Citizens Financial Group have a target to reduce the emissions from its operations?
As of 2023, Citizens Financial Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Citizens Financial Group's most ambitious operational target is to reduce these emissions by 50% by 2035, compared to a baseline of 56,921 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016. a
As of 2023, Citizens Financial Group is ahead of schedule on its operational emissions reduction target, having achieved 54.6% of the planned reduction. a