KeyCorp

Banks
KEY
$ 19 2.3
Share price
$ 18 bn
Market Cap
$ 47 bn
Enterprise Value

Carbon footprint

1 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
FY2021
How is this calculated?
-1.8%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.1%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

KeyCorp aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2016


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

GHG emissions and Carbon intensity

KeyCorp's GHG emissions (location-based) (Kt of CO2e)
KeyCorp's Carbon intensity (Tons per 1 USDm)

KeyCorp's carbon footprint

KeyCorp reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 47 Kt (-0.84 /-1.8% y-o-y). Also positively, carbon intensity declined to 8.5 t (-0.8 /-8.6% y-o-y).

KeyCorp's Scope 3 emissions surged to 100 Kt (+29/+41% y-o-y). The growth accelerated relative to the long-term trend (+17% CAGR) observed since 4Q'18.

The company is committed to reducing Scope 1 + 2 by 40% by 2030 from a base year 2016, which translates into the estimated reduction of -1 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

Show more...
Copyright © 2023 Exerica. All rights reserved.