Huntington Bancshares Inc
Huntington Bancshares's GHG Emissions Data Preview
In 2023, Huntington Bancshares 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).
However, Huntington Bancshares has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 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.  b | Copy restricted. Please purchase to unlock this data.  b | 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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bVerified Sources Behind Huntington Bancshares’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 Huntington Bancshares’s data sources below and access millions more through our Disclosure Search.
Insights into Huntington Bancshares's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Huntington Bancshares amounted to 67,124 metric 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 2022, the total operational greenhouse gas (GHG) emissions of Huntington Bancshares decreased by 7.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Huntington Bancshares's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Huntington Bancshares's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Huntington Bancshares were 16,331 metric tons of CO₂ equivalent (tCO₂e). a
Has Huntington Bancshares reduced its Scope 1 emissions over time?
Since 2018, Huntington Bancshares's Scope 1 emissions have decreased by 40.95%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Huntington Bancshares's Scope 1 emissions decreased by 8.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Huntington Bancshares's Scope 2 emissions?
In 2023, Huntington Bancshares reported Scope 2 greenhouse gas (GHG) emissions of 50,793 tCO₂e using the location-based method. a
Has Huntington Bancshares reduced its Scope 2 emissions over time?
Since 2018, Huntington Bancshares's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 30.58%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Huntington Bancshares's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Huntington Bancshares 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Huntington Bancshares use for Scope 2 reporting?
In 2023, Huntington Bancshares reported its Scope 2 emissions using the location-based method. a
Huntington Bancshares's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Huntington Bancshares's Value Chain Emissions
In 2023, Huntington Bancshares reported 1,798,928 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Huntington Bancshares includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Huntington Bancshares's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Huntington Bancshares's Scope 3 emissions?
In 2023, Huntington Bancshares reported total Scope 3 emissions of 1,798,928 metric tons of CO₂ equivalent (tCO₂e). a
Has Huntington Bancshares reduced its Scope 3 emissions over time?
Since 2018, Huntington Bancshares's Scope 3 emissions have increased by 17,091.59%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Huntington Bancshares's Scope 3 emissions remained relatively stable, indicating that Huntington Bancshares 's emissions have plateaued with no significant change in its value chain footprint. a b
Insights into Huntington Bancshares’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Huntington Bancshares reported Scope 1 greenhouse gas (GHG) emissions of 16,331 tCO₂e and total revenues of USD 7,360 millions. This translates into an emissions intensity of 2.22 tCO₂e per millions USD. a
Huntington Bancshares's Scope 1 Emissions Intensity Compared to Peers
How does Huntington Bancshares's GHG emissions intensity compare to its peers?
In 2023, Huntington Bancshares reported a Scope 1 emissions intensity of 2.22 tCO₂e per millions USD. Compared to the peer group median of 1.2 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Huntington Bancshares rank on GHG emissions intensity within its industry?
In 2023, Huntington Bancshares ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Huntington Bancshares among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Huntington Bancshares's Total Carbon Footprint
In 2023, Huntington Bancshares reported a total carbon footprint of 1,866,052 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.28% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Huntington Bancshares's total carbon footprint was Scope 3 emissions, accounting for 96.4% of the company's total carbon footprint, followed by Scope 2 emissions at 2.72%. a