Huntington Bancshares Inc
Huntington Bancshares's Climate Target Data Preview
As of 2024, Huntington Bancshares has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Huntington Bancshares'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/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2035 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2035 |
Verified Sources Behind Huntington Bancshares’s Climate Targets Data
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Insights into Huntington Bancshares's Greenhouse Gas Emissions Pathways
As of 2024, Huntington Bancshares 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.ab
Does Huntington Bancshares have a target to reduce the emissions from its operations?
As of 2024, Huntington Bancshares has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
Huntington Bancshares's most ambitious operational target is to reduce these emissions by 50% by 2035, compared to a baseline of 69,015 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.ab
As of 2023, Huntington Bancshares is ahead of schedule on its operational emissions reduction target, having achieved 22.3% of the planned reduction.ab