US Bancorp
US Bancorp's GHG Emissions Data Preview
In 2022, US Bancorp 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).
US Bancorp has also provided a category-level breakdown for 4 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 US Bancorp's Operational Emissions
In 2022, the total operational greenhouse gas (GHG) emissions of US Bancorp amounted to 216,672.4 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 2021, the total operational greenhouse gas (GHG) emissions of US Bancorp decreased by 7.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
US Bancorp's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are US Bancorp's Scope 1 emissions?
In 2022, the total Scope 1 emissions of US Bancorp were 38,206.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has US Bancorp reduced its Scope 1 emissions over time?
Since 2018, US Bancorp's Scope 1 emissions have decreased by 26.39%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2021), US Bancorp's Scope 1 emissions decreased by 7.57%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are US Bancorp's Scope 2 emissions?
In 2022, US Bancorp reported Scope 2 greenhouse gas (GHG) emissions of 9,901.6 tCOâ‚‚e using the market-based method, and 178,466.1 tCOâ‚‚e using the location-based method.
Has US Bancorp reduced its Scope 2 emissions over time?
Since 2018, US Bancorp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 36.46%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2021), US Bancorp's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that US Bancorp 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does US Bancorp use for Scope 2 reporting?
In 2022, US Bancorp reported its Scope 2 emissions using the market-based method and using the location-based method.
US Bancorp's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into US Bancorp's Value Chain Emissions
In 2022, US Bancorp reported 108,085.9 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 2022 disclosure of US Bancorp includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.
US Bancorp's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are US Bancorp's Scope 3 emissions?
In 2022, US Bancorp reported total Scope 3 emissions of 108,085.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 78.8% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.2% came from downstream activities like product use, distribution, and end-of-life treatment.
Has US Bancorp reduced its Scope 3 emissions over time?
Since 2018, US Bancorp's Scope 3 emissions have increased by 20.35%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2021), US Bancorp's Scope 3 emissions increased by 30.54%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does US Bancorp disclose?
In 2022, US Bancorp reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of US Bancorp's Scope 3 emissions?
In 2022, the largest contributors to US Bancorp's Scope 3 emissions were:
- Employee Commuting (Cat. 7): 55,642.4 tCOâ‚‚e (51.48%)
- Business Travel (Cat. 6): 23,206.2 tCOâ‚‚e (21.47%)
- Downstream Leased Assets (Cat. 13): 22,911.5 tCOâ‚‚e (21.2%)
US Bancorp's Scope 3 Emissions by Categories
Insights into US Bancorp's Total Carbon Footprint
In 2022, US Bancorp reported a total carbon footprint of 324,758.3 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.76% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.
The largest contributor to US Bancorp's total carbon footprint was Scope 2 emissions, accounting for 54.95% of the company's total carbon footprint, followed by Scope 3 emissions at 33.28%.