- Climate change risks in lending and financing
- Biodiversity loss
- Just transition challenges
- Environmental footprint of operations
- Addressing the wealth gap for underserved communities
- Cybersecurity risks
U.S. Bancorp
Greenhouse gas emissions & sustainability report data
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.
Renewable Energy
98% (as of Dec 31, 2022)
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 354.8K tCO2e (market-based) |
| 2020 | 193.1K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced operational greenhouse gas (GHG) emissions by more than 60% since 2014
- Achieved 98% renewable electricity in own operations (as of Dec 31, 2022)
- Invested $2.6 billion in renewable energy tax equity across 28 projects in 2023
- Set a goal to achieve net zero GHG emissions by 2050
- Set a goal to finance $50 billion in environmental initiatives by 2030
🎯 Climate & Sustainability Targets
🔜 Short-term
- Source 100% renewable electricity by 2025
📅 Medium-term
- Finance $50 billion in environmental initiatives by 2030
- Double 2022 percent of media spend with minority-owned and minority-targeted media partners by 2027
🔭 Long-term
- Achieve net zero GHG emissions by 2050
🌱 ESG Focus Areas
Ethical & responsible bankingTalent, diversity & cultureGovernance, risk discipline & information securitySustainable operations & productsFinancial inclusionSupplier development & diversityCommunity engagementAffordable housingClimate change