PNC Financial Services Group Inc

Banks
PNC
$ 157 (1.2)%
Share price
$ 65 bn
Market Cap
$ 47 bn
Enterprise Value

Carbon footprint

3.7 Ton
GHG emissions per $ 1 mln investment
0.13x the weighted average for S&P 500
FY2020
How is this calculated?
-20%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-2%
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?

PNC Financial Services Group Inc aims to reduce Scope 1 + 2 by 75% by 2035 from a base year 2009


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

GHG emissions and Carbon intensity

PNC Financial Services Group Inc's GHG emissions (location-based) (Kt of CO2e)

PNC Financial Services Group Inc's carbon footprint

PNC Financial Services Group Inc reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 171 Kt (-42 /-19.6% y-o-y).

PNC Financial Services Group Inc's Scope 3 emissions dropped to 16 Kt (-52 /-75.8% y-o-y). The decline accelerated compared to the CAGR of -28.5% since 4Q'09.

The company is committed to reducing Scope 1 + 2 by 75% by 2035 from a base year 2009, which translates into the estimated reduction of -3.4 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

Show more...
Copyright © 2022 Exerica. All rights reserved.