- Regulatory uncertainty related to climate change.
- Increased credit risk due to new climate change-related legislation.
- Potential for workplace/workforce disruptions caused by extreme weather events.
Capital One Financial Corporation
Greenhouse gas emissions & sustainability report data
In its 2019 reporting, Capital One Financial Corporation disclosed greenhouse gas emissions of 156.2K tCO2e/year. By scope: Scope 1: 9.5K tCO2e/year; Scope 2: 135 tCO2e/year (market-based), 146671 tCO2e/year (location-based); Scope 3: 165.6K tCO2e/year (estimated). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
156.2K tCO2e/year
2019
Renewable Energy
100% of electricity consumption
of total energy
Energy Use
40.4K MWh/year
2019
📊 Emissions by Scope (2019)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 9.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 135 tCO2e/year (market-based), 146671 tCO2e/year (location-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 165.6K tCO2e/year (estimated) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved carbon neutrality for Scope 1 and 2 (market-based) emissions through carbon offsets and 100% renewable energy.
- Achieved carbon neutrality for Scope 3 business travel emissions through carbon offsets.
- Achieved 100% renewable electricity consumption through REC purchases.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Develop a methodology and process for climate-related scenario analysis within the next two years.
- Set a science-based target within the next two years.
🌱 ESG Focus Areas
Climate Change