US Bancorp

Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
70,000
Ticker
USB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
U.S. Bancorp provides a wide array of financial services through its primary subsidiary, U.S. Bank, which is one of the largest banks in the United States. It offers services such as commercial bankin...

US Bancorp's Climate Target Data Preview

As of 2023, US Bancorp has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 US Bancorp ’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)
Copy restricted. Please purchase to unlock this data.
a
2029
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2044
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Verified Sources Behind US Bancorp’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 US Bancorp’s data sources below and access millions more through our Disclosure Search.

a. US Bancorp's TCFD Report 2023
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Insights into US Bancorp's Greenhouse Gas Emissions Pathways

As of 2023, US Bancorp 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 US Bancorp have a target to reduce the emissions from its operations?

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

US Bancorp's most ambitious operational target is to reduce these emissions by 60% by 2044, compared to a baseline of 415,211 Metric Tonnes of CO2 equivalent (mtCO2e) in 2014. a

US Bancorp has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2044 value, achieving its climate goal ahead of schedule. a

US Bancorp's Operational (Scope 1+2) Emissions Pathway

20142023202920440150 k300 k450 k600 kBaselineCurrent (-89%)Target 2029 (-40%)Target 2044 (-60%)
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