STAYING ON TRACK WITH SUSTAINABILITY GOALS
GHG Emissions Reduction
Established a Science Based Emissions Reduction goal to limit global temperature increase to well below 2°C
100% renewable
Procure 100% Renewable Energy across our portfolio
LEED certifications
Pursue LEED Silver or higher building certification on all new buildings and major renovations
95% Environmentally Preferred Paper
Ensure 95% or higher is certified by the Forest Stewardship Council (FSC) or contains 30% PCW recycled content
50% less campus landfill
Committed to reduce 50% of campus landfill waste by 2025
20% less water
Reduce water use across all of our locations by 20% by 2025
Governance
The Capital One Board of Governance and Nominating Committee is responsible for ESG, including climate related issues. The Chief Enterprise Services Officer (CESO) is responsible for reporting climate related information to the Committee. The CESO oversees the Environmental Sustainability Office (ESO) and issues pertinent to the External Affairs (includes Government Affairs, CSR and Community Affairs) team. The ESO, established in 2007, provides recommendations to the CESO and is accountable for developing the sustainability strategy, coordinating initiatives across the enterprise, driving associate engagement, and developing external reporting.
Climate-related strategic considerations for the Commercial Bank, which includes our energy and commercial real estate lending businesses, are managed by the Sustainable Investment Group (SIG).