PNC Financial Services Group Inc

Common Name
PNC Financial Services Group
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
53,686
Ticker
PNC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
PNC Financial Services Group, Inc. is a diversified financial services institution that delivers comprehensive banking and financial solutions across the United States. Renowned for its broad range of...

PNC Financial Services Group's Climate Target Data Preview

As of 2023, PNC Financial Services 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 PNC Financial Services 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 PNC Financial Services 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 PNC Financial Services Group’s data sources below and access millions more through our Disclosure Search.

a. PNC Financial Services Group's Corporate Responsibility Report (CRR) 2023
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Insights into PNC Financial Services Group's Greenhouse Gas Emissions Pathways

As of 2023, PNC Financial Services 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 PNC Financial Services Group have a target to reduce the emissions from its operations?

As of 2023, PNC Financial Services Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

PNC Financial Services Group's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 117,060 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2023, PNC Financial Services Group is on track to meet its operational emissions reduction target, having achieved 12.5% of the planned reduction. a

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

202220232030030 k60 k90 k120 kCurrent (-10%)Target 2030 (-80%)
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