U.S. Bancorp 2021 SR

The report details U.S. Bancorp's ESG progress for 2021, highlighting its commitment to achieving net-zero greenhouse gas emissions by 2050 and a $50 billion environmental finance goal by 2030. It outlines the $100 billion Community Benefits Plan associated with the MUFG Union Bank acquisition, focusing on LMI communities and racial equity. The company reported a 60% reduction in operational emissions since 2014 and launched the Access Commitment initiative to help close the racial wealth gap. Additionally, the report emphasizes enhanced ESG governance, including a formal ESG program office and board-level oversight.

Company: U.S. Bancorp

Sector: Financials

Country: United States

Year: 2021

Type: SR

Pages: 102

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U.S. Bancorp

U.S. Bancorp 2021 ESG Report

ESG Report

The report details U.S. Bancorp's ESG progress for 2021, highlighting its commitment to achieving net-zero greenhouse gas emissions by 2050 and a $50 billion environmental finance goal by 2030. It outlines the $100 billion Community Benefits Plan associated with the MUFG Union Bank acquisition, focusing on LMI communities and racial equity. The company reported a 60% reduction in operational emissions since 2014 and launched the Access Commitment initiative to help close the racial wealth gap. Additionally, the report emphasizes enhanced ESG governance, including a formal ESG program office and board-level oversight.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Published

Aug 1, 2022

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Women on Board

Women in Management

Net Zero Target

Employees