U.S. Bancorp tower in Minneapolis, United States. Photo: Pdx.rollingthunder via Wikimedia commons (CC BY SA 4.0)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 a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment service products to consumers, businesses and institutions. It operates over 3,000 branches, mainly in the Mid-west.
| Website | https://www.usbank.com/index.html |
| Headquarters |
800 Nicolett Mall
55402 Minneapolis
United States
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| CEO/chair |
Andrew J. Cecere CEO and President |
| Supervisor | |
| Annual reports |
Annual report 2019 CSR report 2019 |
| Ownership |
listed on NYSE Euronext
US Bancorp's complete shareholder structure can be accessed here.
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For both coal mining and coal power, 32 possible policy points can be obtained, while for other coal,16 possible policy points can be obtained. So a bank can obtain a total of 80 policy points for its coal policies. Based on this score banks are then classified as laggards (0-20 points), followers (20.5-40 points), front runners (40.5-60 points) or leaders (60.5-80 points).
The point-based policy ranking above assesses bank policies in four ways:
1) Restriction on direct financing for tar sands projects.
None (0), weak exclusion (1.5), moderate exclusion (3), strong exclusion (4)
2) Restriction on financing for companies that expand tar sands.
None (0), weak exclusion (3), strong exclusion (5)
3) The bank’s commitment to phase-out financing for tar sands.
None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.
None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 20 policy points for its tar sands policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for fracked oil and gas projects.
2) Restriction on financing for companies that expand oil and gas fracking.
3) The bank’s commitment to phase-out financing for oil and gas fracking.
4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.
A bank can obtain a total of 20 policy points for its fracking policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for coal power projects.
2) Restriction on financing for companies that expand coal power.
3) The bank’s commitment to phase-out financing for coal power.
4) The bank’s commitment to exclude companies active in coal power above a certain threshold.
A bank can obtain a total of 32 policy points for its coal power policy. Based on this score banks are then classified as laggards (0-8 points), followers (8.5-16 points), front runners (16.5-24 points) or leaders (24.5-32 points).
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for coal mining projects.
2) Restriction on financing for companies that expand coal mining.
3) The bank’s commitment to phase-out financing for coal mining.
4) The bank’s commitment to exclude companies active in coal mining above a certain threshold.
A bank can obtain a total of 32 policy points for its coal mining policy. Based on this score banks are then classified as laggards (0-8 points), followers (8.5-16 points), front runners (16.5-24 points) or leaders (24.5-32 points).
US Bancorp's web page on corporate social responsibility can be accessed here.
