U.S. Bancorp 2020 SR
The report marks U.S. Bancorp's inaugural ESG disclosure, detailing the company's response to the COVID-19 pandemic and its commitment to racial equity through a $116 million investment. It highlights the bank's focus on financial inclusion, including the U.S. Bank Access Commitment and products like the Simple Loan and Safe Debit account. The company reports achieving a 44% reduction in Scope 1 and 2 greenhouse gas emissions relative to a 2014 baseline, meeting its 2029 target early. Additionally, the report outlines the bank's governance structure for ESG oversight and its alignment with SASB and TCFD frameworks.
Company: U.S. Bancorp
Sector: Financials
Country: United States
Year: 2020
Type: SR
Pages: 48
U.S. Bancorp
ESG Report
The report marks U.S. Bancorp's inaugural ESG disclosure, detailing the company's response to the COVID-19 pandemic and its commitment to racial equity through a $116 million investment. It highlights the bank's focus on financial inclusion, including the U.S. Bank Access Commitment and products like the Simple Loan and Safe Debit account. The company reports achieving a 44% reduction in Scope 1 and 2 greenhouse gas emissions relative to a 2014 baseline, meeting its 2029 target early. Additionally, the report outlines the bank's governance structure for ESG oversight and its alignment with SASB and TCFD frameworks.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 9, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Employees