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U.S. BancorpUnited States
Active
This profile is actively maintained
Last update: 2024-02-19 14:12:03
U.S. Bancorp tower in Minneapolis, United States. Photo: Pdx.rollingthunder via Wikimedia commons (CC BY SA 4.0)
Active
This profile is actively maintained
Last update: 2024-02-19 14:12:03
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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 | |
| 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.
U.S. Bancorp has committed itself to the following voluntary standards:
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
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
U.S. Bancorp does not operate a compaints channel for individuals or communities who might have been adversely affected by the bank's finance.
This page evaluates U.S. Bancorp's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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Banks and Climate
Banks and Climate
The 2024 Banking on Climate Chaos report showed that US Bancorp provided US$ 97.274 Billion in financing to the fossil fuel industry between 2016 and 2023. In 2023 only, US Bancorp provided US$ 4.933 Billion for oil, gas and coal companies expanding fossil fuels. Find further details on US Bancorp fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.
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.
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