Citizens Financial
Banks
CFG
$ 38 0.4
Share price
$ 19 bn
Market Cap
$ 19 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
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
GHG emissions and Carbon intensity
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.
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