In 2025, 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 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 35,460a | 34,015a | 36,798b | |
Total Scope 2 | ||||
Market-Based | 6,345a | 7,113a | 7,584b | |
Location-Based | 135,365a | 159,901a | 167,102b | |
Total Scope 3 | 180,880a | 138,342b | 16,733,950b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2425a | 1.2444a | 1.3136b |
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In 2025, the total operational greenhouse gas (GHG) emissions of US Bancorp amounted to 170,825 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).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of US Bancorp decreased by 11.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of US Bancorp were 35,460 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, US Bancorp's Scope 1 emissions have decreased by 27.1%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2024), US Bancorp's Scope 1 emissions increased by 4.25%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, US Bancorp reported Scope 2 greenhouse gas (GHG) emissions of 6,345 tCO₂e using the market-based method and 135,365 tCO₂e using the location-based method.a
Since 2019, US Bancorp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 47.11%, reflecting a declining long-term trend in Scope 2 emissions over time.ad
Compared to the previous year (2024), US Bancorp's Scope 2 emissions (Location-Based) fell by 15.34% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, US Bancorp reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, US Bancorp reported 180,880 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of US Bancorp includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, US Bancorp reported total Scope 3 emissions of 180,880 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 92.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.26% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, US Bancorp's Scope 3 emissionshave remained relatively stable, indicating that US Bancorp's emissions have plateaued with no significant change in its value chain footprint.ac
Compared to the previous year (2024), US Bancorp's Scope 3 emissions increased by 30.75%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2025, US Bancorp reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to US Bancorp's Scope 3 emissions were:a
In 2025, US Bancorp reported Scope 1 greenhouse gas (GHG) emissions of 35,460 tCO₂e and total revenues of USD 28,539 millions. This translates into an emissions intensity of 1.24 tCO₂e per millions USD.a
In 2025, US Bancorp reported a Scope 1 emissions intensity of 1.24 tCO₂e per millions USD. Compared to the peer group median of 1.47, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, US Bancorp ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
US Bancorp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, US Bancorp reported a total carbon footprint of 351,705 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.85% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to US Bancorp's total carbon footprint was Scope 3 emissions, accounting for 51.43% of the company's total carbon footprint, followed by Scope 2 emissions at 38.49%.a