We’re driving inclusive and sustainable growth.
Discover how we make a positive impact in the communities we serve.
We’re committed to empowering communities; driving more equitable access to financial resources and capital; and supporting the transition to a low-carbon economy.
“We work hard to leverage our resources – both human and financial – to make a positive impact for people and the planet.”
– Reba Dominski, U.S. Bank Senior Executive Vice President and Chief Social Responsibility Officer
Our work is guided by three pillars: lead with core values; enable a sustainable future; and increase equity, access and economic empowerment.
Our inclusive and ethical culture
We believe in the power of an inclusive culture, where every person can bring their whole self to work. Our commitment to our ethical culture shows in the decisions our employees make every day and in every interaction with our stakeholders. We advance our ethical culture through employee engagement, outreach and inclusive development programs.
A strong culture of risk management
Our culture is built on understanding and managing risk. We are committed to ensuring that information and cybersecurity are infused from the top of the organization to our front-line employees. We avoid unnecessary complexity and undertake risk prudently to support profitable revenue growth.
We believe everyone has a role to play in creating a sustainable future and addressing climate change.
Sustainable operations
We have reduced our own greenhouse gas emissions by 60% from 2014 and are working to source 100% of our electricity from renewable sources by 2025 as part of our larger commitment to net zero greenhouse gas emissions by 2050.1
Sustainable products and services
We partner with our clients, suppliers, community leaders and environmental groups to achieve more sustainable outcomes for people and planet. From offering special purpose credit programs for home loans to structuring social and racial equity bonds and renewable energy deals, we provide financial solutions that aim to create lasting positive impacts for people and planet.
Inclusive growth
Inclusive growth is central to our mission. We work diligently to help close the wealth gap for underserved communities. From homeownership to access to capital and wealth management services, our long-term holistic approach reaches across the bank to meet our clients where they are and support their multifaceted financial needs.
Financial wellness
We support community members on their individual financial wellness journeys through our education and well-being programs. We understand that people’s lives are different, which is why we view financial wellness as a never-ending practice specific to the unique needs of individuals.
Philanthropy and charitable community investments
The U.S. Bank Foundation1 philanthropic and charitable community investments are focused on breaking down systemic barriers to racial and economic equity for women, people of color and low- and moderate-income (LMI) communities.
We drive sustainable practices and products through a variety of strategic initiatives and teams, aiming to create a positive impact.
At U.S. Bank, we care deeply about meeting our stakeholders’ needs, promoting sustainable business practices and supporting economic growth. We are committed to transparency in our sustainability activities.
98%
Amount of renewable electricity sourced for our operations through a mix of strategies2
113,529
Housing units financed through our affordable housing team as of March 31, 2024
1.5M
Individuals who received financial education in 2023, with a focus on underserved communities
$544M
Amount spent with minority-owned businesses in 2023
Recovered ocean-bound plastic is used in three of our eco-friendly debit card designs. CPI Card Group estimates that for every million cards produced, more than 1 ton of plastic will be diverted from entering the world's oceans, waterways and shorelines.
We partner with First Mile®, an initiative that specializes in living income, human rights and creating solutions for recycled-material supply chains in waste collector communities. First Mile created a human-powered recyclable-plastic supply chain that provides jobs for the people of Haiti and enables entrepreneurs to create real solutions for the country’s waste.
More than 20% of U.S. Bank debit cardmembers choose eco-friendly designs.
The 2023 Corporate Responsibility Report highlights our ethical and inclusive culture and our governance practices. It also shows how we manage environmental and social risks while enabling growth for our clients and communities.
Some of our key areas of focus include:
Through community engagement and organizational partnerships, we work to better understand environmental and social issues and identify solutions. Here are some of the partnerships that highlight the work we do:
U.S. Bank clients have access to a range of personal and commercial products and services that support their ESG visions, ambitions and business lines.