"Capital One Financial's net zero target is set for 2030. Net Zero Tracker The target covers carbon dioxide emissions, including scope 1 and 2 emissions, and partially covers scope 3 emissions. Net Zero Tracker The company aims to reduce Scope 1 Direct Emissions by 50%, continue to purchase 100% renewable energy while increasing location-aligned procurement by 50%, and reduce Scope 3 Emissions (Categories 1-14) by 50%. Net Zero Tracker An interesting fact about their environmental policy is that Capital One has established an internal price on carbon starting at $15.00 per metric ton of CO2e. Net Zero Tracker In addition, …"
Carbon emissions are estimated according to comparable years, intensity and sector
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG
emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1
million USD revenue).
Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary
business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer
Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and
Capital One Financial belongs to the sector Financials.
Separate targets for emission reductions and removals
Conditions on use of offset credits
Plans for carbon dioxide removal (CDR)
Additional notes: At this time we will no longer use carbon offsets to achieve our company GHG reduction targets and will no longer claim to be carbon neutral.
At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified
Scope 3 emissions are fully reported and externally-verified
CDP score demonstrates the level of transparent disclosures
Net Zero Commitments by 2050 include an intermediate target and cover all the emissions
Net Zero targets demonstrate a high-level of emergency
Emission reduction targets on a forward-looking basis are ambitious