Citizens Financial Group Inc

Common Name
Citizens Financial Group
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
17,677
Ticker
CFG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Citizens Financial Group, Inc. is a regional bank holding company providing a wide array of retail and commercial banking services. Primarily operating in the northeastern United States, Citizens Fina...

Citizens Financial Group's Climate Target Data Preview

As of 2024, Citizens Financial Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Citizens Financial Group’s Climate Targets 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 Citizens Financial Group’s data sources below and access millions more through our Disclosure Search.

a. Citizens Financial Group's Sustainability Report 2024
a. Citizens Financial Group's Sustainability Report 2024

Insights into Citizens Financial Group's Greenhouse Gas Emissions Pathways

As of 2024, 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 2024, 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 29% by 2030, compared to a baseline of 41,548 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

As of 2024, Citizens Financial Group is ahead of schedule on its operational emissions reduction target, having achieved 26.17% of the planned reduction. a

Citizens Financial Group's Operational (Scope 1+2) Emissions Pathway

202320242030015 k30 k45 k60 kCurrent (-8%)Target 2030 (-29%)
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