Regions Bank Sustainability Profile
Regions Bank, officially known as Regions Financial Corporation, is a prominent financial institution headquartered in the United States. Established in 1971, Regions Bank has grown to serve a diverse clientele across the Southern and Midwestern regions, offering a comprehensive range of banking services. The bank operates primarily in the retail and commercial banking sectors, providing core products such as personal and business banking, wealth management, and mortgage services. Regions Bank distinguishes itself through its commitment to customer service and innovative financial solutions tailored to meet the unique needs of its clients. With a strong market presence, Regions Bank has achieved notable milestones, including recognition for its community involvement and sustainable banking practices. As a trusted partner in financial growth, Regions Bank continues to enhance its offerings while maintaining a focus on customer satisfaction and community development.
DitchCarbon Score
How does Regions Bank'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.
Industry Average
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.
Industry Benchmark
Regions Bank's score of 37 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Regions Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. However, the bank is a current subsidiary of Regions Financial Corporation, which may influence its climate commitments and emissions reporting. As part of its climate initiatives, Regions Bank inherits data and performance metrics from Regions Financial Corporation, which operates at a cascade level of 1. This relationship may provide insights into broader corporate sustainability efforts, although specific reduction targets or achievements for Regions Bank itself are not detailed. The bank has not publicly committed to any Science-Based Targets Initiative (SBTi) reduction targets or specific climate pledges. Without concrete emissions data or defined reduction initiatives, it is challenging to assess Regions Bank's current impact on carbon emissions or its progress towards sustainability goals. In summary, while Regions Bank is part of a larger corporate structure that may have sustainability initiatives, specific emissions data and reduction commitments for the bank itself remain unspecified.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2008 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,222,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 196,264,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Regions Bank's Industry?
How Carbon Intensive is Regions Bank's Location?
Regions Bank's Scope 3 Categories Breakdown
Regions Bank's Scope 3 emissions, which increased by 34% last year and increased by approximately 107% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 52% of Scope 3 emissions.
Top Scope 3 Categories
Regions Bank'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.
Regions Bank 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.
