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updated 10 months ago

NationsBank, National Association, (South) Sustainability Profile

Company website

NationsBank, National Association, commonly referred to as NationsBank, is a prominent financial institution headquartered in the United States. Established in 1991, NationsBank has grown to become a key player in the banking industry, particularly in the Southern region of the US, where it offers a wide range of financial services. Specialising in retail banking, commercial banking, and wealth management, NationsBank distinguishes itself through its customer-centric approach and innovative financial solutions. The bank has achieved significant milestones, including its merger with Bank of America in 1998, which solidified its market position as one of the largest banking entities in the country. With a commitment to community engagement and sustainable practices, NationsBank continues to enhance its reputation, providing unique products and services tailored to meet the diverse needs of its clients.

DitchCarbon Score

How does NationsBank, National Association, (South)'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.

16

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

NationsBank, National Association, (South)'s score of 16 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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NationsBank, National Association, (South)'s reported carbon emissions

Inherited from Bank of America Corporation

NationsBank, National Association, (South) currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The organisation is part of a corporate family relationship with Bank of America Corporation, from which it inherits emissions performance data. However, no specific emissions numbers or reduction targets have been disclosed. As a merged entity, NationsBank, National Association, (South) aligns with the broader climate commitments of its parent company, Bank of America Corporation. While specific reduction initiatives or targets for NationsBank are not detailed, Bank of America has made significant strides in sustainability and climate action, which may influence the operational practices of its subsidiaries. In summary, NationsBank, National Association, (South) currently lacks specific emissions data and reduction targets, relying on the climate commitments and performance of Bank of America Corporation within its corporate structure.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201020192020202120222023
Scope 1
106,870,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
1,644,068,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
Scope 3
1,450,834,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is NationsBank, National Association, (South)'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. NationsBank, National Association, (South)'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is NationsBank, National Association, (South)'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for NationsBank, National Association, (South) is in US, which has a low grid carbon intensity relative to other regions.

NationsBank, National Association, (South)'s Scope 3 Categories Breakdown

NationsBank, National Association, (South)'s Scope 3 emissions, which increased by 7% last year and increased by approximately 146% since 2010, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
48%
Downstream Transportation & Distribution
28%
Employee Commuting
10%
Fuel and Energy Related Activities
5%
Upstream Transportation & Distribution
4%
Business Travel
3%
Capital Goods
1%
Waste Generated in Operations
<1%
End-of-Life Treatment of Sold Products
<1%
Use of Sold Products
<1%

NationsBank, National Association, (South)'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

NationsBank, National Association, (South) has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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