Citizens Financial

Banks
CFG
$ 34 (2.2)%
Share price
$ 17 bn
Market Cap
$ 30 bn
Enterprise Value

Carbon footprint

1.3 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
FY2021
How is this calculated?
-7.1%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2%
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?

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 2021 at 40 Kt (-3 /-7.1% y-o-y). At the same time, carbon intensity was up at 8.1 t (+0.3/+3.8% 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 -0.8 Kt per annum over the period of FY2022 - 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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