PNC Financial Services Group Inc
PNC Financial Services Group Energy Data Preview
In 2023, PNC Financial Services Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
PNC Financial Services Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, PNC Financial Services Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, PNC Financial Services Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate PNC Financial Services Group's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into PNC Financial Services Group's Energy Renewability
In 2023, PNC Financial Services Group consumed a total of 1.74 million Gigajoules of energy across its operations. Of this total, 36.51% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 63.49% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
PNC Financial Services Group's Energy Renewability Rate
How much of PNC Financial Services Group's energy consumed is renewable?
In 2023, PNC Financial Services Group consumed a total of 1.74 million Gigajoules of energy, of which 36.51% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that PNC Financial Services Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are PNC Financial Services Group's energy practices becoming more sustainable?
Since 2020, PNC Financial Services Group's total energy consumption increased by 8.72%, but declined by 10.51% in 2023, suggesting a recent moderation in energy use.
Over the same period, the share of renewable energy increased by 100.43%, but declined by 4.49% in 2023, suggesting recent volatility or sourcing constraints.
Overall, PNC Financial Services Group’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.
PNC Financial Services Group's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into PNC Financial Services Group's Energy Consumption & Production Mix
In 2023, PNC Financial Services Group disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the PNC Financial Services Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
PNC Financial Services Group's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind PNC Financial Services Group's energy consumption?
In 2023, PNC Financial Services Group's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (75.5%)
- Natural Gas (21.65%)
- Steam (Unspecified Source) (2.27%)
How diverse is PNC Financial Services Group’s energy consumption mix?
In 2023, PNC Financial Services Group consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 75.5% of total consumption.