Citizens Financial

Banks
CFG
$ 38 0.4
Share price
$ 19 bn
Market Cap
$ 19 bn
Enterprise Value

Carbon footprint

2.3 Ton
GHG emissions per $ 1 mln investment
0.08x the weighted average for S&P 500
FY2020
How is this calculated?
-16%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-1.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Citizens Financial aims to reduce Scope 1 + 2 by 50% by 2035 from a base year 2016


This target has not been verified as science based according to SBTi
Citizens Financial's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Citizens Financial's GHG emissions (market-based) (Kt of CO2e)
Citizens Financial's Carbon intensity (Tons per 1 USDm)

Citizens Financial's carbon footprint

Citizens Financial reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 43 Kt (-8 /-15.7% y-o-y). Also positively, carbon intensity decreased to 8.1 t (-0.2 /-2.4% y-o-y).

No public disclosure of Scope 3 emissions has been found for Citizens Financial at the moment.

The company is committed to reducing Scope 1 + 2 by 50% by 2035 from a base year 2016, which translates into the estimated reduction of -0.81 Kt per annum over the period of FY2021 - FY2035. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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