Active

This profile is actively maintained

Last update: 2023-03-03 11:14:10

Active

This profile is actively maintained

Last update: 2023-03-03 11:14:10

About

Website	https://www.usbank.com/index.html
Headquarters	800 Nicolett Mall 55402 Minneapolis United States
CEO/chair	Andrew J. Cecere CEO and President
Supervisor	Federal Reserve
Ownership	listed on NYSE US Bancorp's complete shareholder structure can be accessed here.

U.S. Bancorp, based in Minneapolis, Minnesota, is an American bank holding company and the parent company of US Bank, one of the largest banks in the United States. Established in 1968, U.S. Bancorp provides banking, brokerage, insurance, investment, mortgage, trust and payment services to consumers, businesses and institutions. It operates over 3,000 branches, mainly in the Mid-west.

Sustainability

Commitments

Policies

Voluntary standards

U.S. Bancorp's most important sustainability commitments can be found at the website sections listed below.

Links

Corporate social responsibility

Environmental and Social Risk Policy Statement

Bank policy

2022-11-18 00:00:00 | U.S. Bancorp

Human rights statement

Bank policy

2021-12-15 00:00:00 | US Bancorp

Code of ethics and business conduct

Bank policy

2020-03-17 00:00:00 | U.S. Bancorp

Approach to Environmental, Social, Governance

Bank policy

2020-02-25 00:00:00 | U.S. Bancorp

Environmental responsibility policy

Bank policy

2020-02-11 00:00:00 | U.S. Bancorp

Anti-money laundering policy

Date listed represents date as accessed on website

Bank policy

2019-05-20 00:00:00 | US Bancorp

Supplier diversity

Date listed represents date as accessed on website

Bank policy

2018-07-24 00:00:00 | US Bank

U.S. Bancorp has committed itself to the following voluntary standards:

Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions

Global Reporting InitiativeTags: sustainable development | human rights

Global Reporting Initiative- Sector SupplementTags: transparency

Dodgy Deals

U.S. Bancorp is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of U.S. Bancorp's link to these deals.

Projects / Companies

Finance type

Year

Campaigns

Banks and Climate

The 2023 Banking on Climate Chaos report showed that U.S. Bancorp provided US$ 47.172 billion in financing to the fossil fuel industry between 2016 and 2022. Find further details on U.S. Bancorp's fossil fuel portfolio and how it compares to other large banks globally in the Banking on Climate Chaos report.

Banking on Climate Chaos fossil fuel finance data

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of U.S. Bancorp’s fossil fuel policy below.