- Managing climate-related risks (physical and transition risks)
- Attracting and retaining talent in a competitive market
- Addressing community workforce needs
Citizens Financial Group, Inc.
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 42.6K tCO2e/year (Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Announced a $50 billion Sustainable Finance Target, including $5 billion for green initiatives.
- Completed enterprise climate risk assessment.
- Began receiving renewable electricity from the Sunflower Wind Project.
- Aided seven environmental nonprofits through the Champions for Energy Efficiency & Renewable Energy Award.
- Year-over-year cumulative Scope 1 and 2 emissions decreased by 18% in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 GHG emissions 30% by 2025 (compared to 2016 baseline)
📅 Medium-term
- Reduce Scope 1 and 2 GHG emissions 50% by 2035 (compared to 2016 baseline)
- $50 billion Sustainable Finance Target by 2030 (including $5 billion for green initiatives)
- Engage with 100% of Oil & Gas clients by the end of 2024
🔭 Long-term
- Achieve carbon neutrality in operations by 2035
🌱 ESG Focus Areas
Corporate GovernanceClimate ImpactWorkforce of the FutureStrong Communities