Columbia Banking System, commonly known as Columbia Bank, is a prominent financial institution headquartered in the United States. Established in 1993, the bank has grown significantly, serving key regions across the Pacific Northwest and beyond. Operating within the banking industry, Columbia Bank offers a comprehensive range of services, including personal and commercial banking, wealth management, and mortgage solutions. What sets Columbia Bank apart is its commitment to community engagement and customer-centric service, fostering strong relationships with clients. The bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. With a robust market position, Columbia Banking System continues to be a trusted partner for individuals and businesses seeking reliable financial solutions.
How does Columbia Banking System's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Columbia Banking System's score of 36 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Columbia Banking System reported total carbon emissions of approximately 22,800,000 kg CO2e, comprising 5,573,000 kg CO2e from Scope 1, 9,712,000 kg CO2e from Scope 2, and 7,080,000 kg CO2e from Scope 3. This represents a slight increase in emissions compared to 2022, where total emissions were about 18,000,000 kg CO2e, with Scope 1 at 4,892,000 kg CO2e, Scope 2 at 11,715,000 kg CO2e, and Scope 3 at 1,975,000 kg CO2e. Columbia Banking System has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. However, the company continues to monitor and report its emissions across all three scopes, indicating a commitment to transparency in its environmental impact. The emissions intensity for Scopes 1 and 2 was reported at approximately 5,770 kg CO2e per 1,000 cal. norm. sq. ft. in 2023, reflecting ongoing efforts to manage and understand its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 5,006,000 | 0,000,000 | 0,000,000 |
Scope 2 | 12,416,000 | 00,000,000 | 0,000,000 |
Scope 3 | 3,516,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Columbia Banking System is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.