In 2024, US Bancorp disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
US Bancorp disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumption | 2,140,110a | 2,182,136a | 2,239,596a | |
Non-Renewable Energy Consumption | 767,074a | 812,815a | 846,702a | |
Renewable Energy Consumption | 1,373,036a | 1,369,321a | 1,392,894a |
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In 2024, US Bancorp consumed a total of 2.14 million Gigajoules of energy across its operations. Of this total, 64.16% 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 35.84% 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.a
In 2024, US Bancorp consumed a total of 2.14 million Gigajoules of energy, of which 64.16% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This moderate level of renewable energy adoption indicates that US Bancorp is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2020, US Bancorp's total energy consumption decreased by 14.64%, including a further 1.93% drop in 2024, highlighting a continued decline in energy use.a
Over the same period, the share of renewable energy in US Bancorp's consumption increased by 224.74%, including a 2.24% increase in 2024, showing consistent progress in clean energy adoption.a
Overall, US Bancorp has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.