KeyCorp
KeyCorp's GHG Emissions Data Preview
In 2023, KeyCorp 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).
KeyCorp has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 KeyCorp's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of KeyCorp amounted to 37,829 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of KeyCorp decreased by 11.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
KeyCorp's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are KeyCorp's Scope 1 emissions?
In 2023, the total Scope 1 emissions of KeyCorp were 9,803 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has KeyCorp reduced its Scope 1 emissions over time?
Since 2018, KeyCorp's Scope 1 emissions have decreased by 32.51%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), KeyCorp's Scope 1 emissions decreased by 14.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are KeyCorp's Scope 2 emissions?
In 2023, KeyCorp reported Scope 2 greenhouse gas (GHG) emissions of 24,454 tCOâ‚‚e using the market-based method, and 28,026 tCOâ‚‚e using the location-based method.
Has KeyCorp reduced its Scope 2 emissions over time?
Since 2018, KeyCorp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.95%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), KeyCorp's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that KeyCorp 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does KeyCorp use for Scope 2 reporting?
In 2023, KeyCorp reported its Scope 2 emissions using the market-based method and using the location-based method.
KeyCorp's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into KeyCorp's Value Chain Emissions
In 2023, KeyCorp reported 60,678 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of KeyCorp includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
KeyCorp's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are KeyCorp's Scope 3 emissions?
In 2023, KeyCorp reported total Scope 3 emissions of 60,678 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has KeyCorp reduced its Scope 3 emissions over time?
Since 2018, KeyCorp's Scope 3 emissions have increased by 14.55%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), KeyCorp's Scope 3 emissions decreased by 20.17%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does KeyCorp disclose?
In 2023, KeyCorp reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of KeyCorp's Scope 3 emissions?
In 2023, the largest contributors to KeyCorp's Scope 3 emissions were:
- Employee Commuting (Cat. 7): 17,651 tCOâ‚‚e (29.09%)
- Business Travel (Cat. 6): 14,134 tCOâ‚‚e (23.29%)
- Upstream Transportation and Distribution (Cat. 4): 10,337 tCOâ‚‚e (17.04%)
KeyCorp's Scope 3 Emissions by Categories
Insights into KeyCorp's Total Carbon Footprint
In 2023, KeyCorp reported a total carbon footprint of 98,507 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.88% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to KeyCorp's total carbon footprint was Scope 3 emissions, accounting for 61.6% of the company's total carbon footprint, followed by Scope 2 emissions at 28.45%.