Many banks today report and publish data of their environmental footprint and set targets to reduce their greenhouse gas (GHG) emissions. North America has the third highest number of member banks of the Net-Zero Banking Alliance, as 17 North American banks are signatories. According to reporting of the largest banks in the United States, JPMorgan Chase reported the highest total GHG emissions in 2022. All banks' highest CO2 emissions were from scope 2 - indirect GHG emissions (location-based). JPMorgan Chase's scope 2 emissions in 2022 amounted to 783,616 metric tonnes of CO2 equivalent.
Total carbon dioxide emissions of the largest banks in the United States in 2022, by scope
(in metric tonnes of CO2 equivalent)
Unless stated otherwise, scope 2 are location-based, and scope 3 only includes business travels
Supplementary notes
This statistics has been compiled by Statista using the environmental reporting from the banks. The selection of banks is based on the largest banks in the United States, by total assets. First Republic was among the top 15 largest bank in the United States by total assets, but due to different reporting, it was excluded from this stat.
*Scope 3 emissions include all categories within the scope.
**FY 2021
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Statista. (September 15, 2023). Total carbon dioxide emissions of the largest banks in the United States in 2022, by scope (in metric tonnes of CO2 equivalent) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1285429/carbon-emissions-by-largest-banks-usa-by-scope/
Statista. "Total carbon dioxide emissions of the largest banks in the United States in 2022, by scope (in metric tonnes of CO2 equivalent) ." Chart. September 15, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1285429/carbon-emissions-by-largest-banks-usa-by-scope/
Statista. (2023). Total carbon dioxide emissions of the largest banks in the United States in 2022, by scope (in metric tonnes of CO2 equivalent) . Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1285429/carbon-emissions-by-largest-banks-usa-by-scope/
Statista. "Total Carbon Dioxide Emissions of The Largest Banks in The United States in 2022, by Scope (in Metric Tonnes of Co2 Equivalent) ." Statista, Statista Inc., 15 Sep 2023, https://www.statista.com/statistics/1285429/carbon-emissions-by-largest-banks-usa-by-scope/
Statista, Total carbon dioxide emissions of the largest banks in the United States in 2022, by scope (in metric tonnes of CO2 equivalent) Statista, https://www.statista.com/statistics/1285429/carbon-emissions-by-largest-banks-usa-by-scope/ (last visited November 03, 2024)
Total carbon dioxide emissions of the largest banks in the United States in 2022, by scope (in metric tonnes of CO2 equivalent) [Graph], Statista, September 15, 2023. [Online]. Available: https://www.statista.com/statistics/1285429/carbon-emissions-by-largest-banks-usa-by-scope/
