Citizens Financial Group Inc

Common Name
Citizens Financial Group
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
17,315
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 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

As of 2023, Citizens Financial Group is ahead of schedule on its operational emissions reduction target, having achieved 54.6% of the planned reduction.

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

2016202320252035015 k30 k45 k60 kBaselineCurrent (-27%)Target 2035 (-50%)
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