PNC Bank

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Sustainability Summary

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PNC Bank Sustainability Profile

PNC Bank is not currently tracking sustainability.

Sustainability Summary

  • This is an unclaimed profile. PNC Bank has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
Powered by Tracker AI BETA; there may be errors
PNC is a financial services organization with a comprehensive approach to sustainability and ESG. The bank supports clients' sustainability goals through its Climate Action Strategy and Sustainable Finance Practice, established in 2020. PNC's framework guides Green, Social, and Sustainability Bonds with proceeds directed toward eligible projects aligned with UN SDGs, supporting a low-carbon economy. In 2024, PNC mobilized $6.11 billion in environmental financing, moving toward its $30 billion environmental finance pledge.

About PNC Bank

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PNC Bank Sustainability Actions

Mobilized Environmental Financing

In 2024, PNC mobilized $6.11 billion in environmental financing, cumulatively bringing the organization very close to achieving its $30 billion environmental finance pledge.

Joined RE100 Initiative

PNC joined the RE100 initiative in May 2019 and set a commitment to 100 percent renewable electricity.

Established Sustainable Finance Practice

PNC established its Sustainable Finance Practice in 2020 to help clients think through their own ESG strategies, goals and approaches.

Supports Sustainability-Linked Financing

PNC supports clients with sustainability-linked bonds and loans, focusing on renewable energy and green building projects.

PNC Bank Sustainability Commitments

2025

100% Renewable Electricity

PNC aims to achieve 100% renewable electricity by 2025.

2030

Carbon and Resource Reduction

PNC aims for 80% carbon reduction and 30% water and energy reduction by 2030.

2030

$30 Billion Environmental Finance Pledge

PNC committed to mobilizing $30 billion in environmental financing by 2030.


About PNC Bank

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Sustainable Development Goals

PNC Bank is committed to advancing these Global Goals to promote prosperity for people & planet.

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This information references https://www.pnc.com/ and was sourced on 19/07/2023. Is this your business? Suggest an edit

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