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Regions Financial
Financial IntermediationUnited StatesXETRA: RN70.F
Last verified 26 days agoregions.com
Regions Financial Corporation, commonly known as Regions Bank, is a prominent player in the financial intermediation services sector, headquartered in the United States. Founded in 1971, Regions has established a strong presence across the Southeastern and Midwestern regions, offering a diverse range of financial products and services.
Specialising in personal banking, commercial banking, and wealth management, Regions stands out for its commitment to customer service and innovative solutions tailored to meet the needs of individuals and businesses alike. The bank has achieved significant milestones, including its expansion into new markets and the introduction of digital banking services that enhance customer convenience.
With a solid market position, Regions Financial is recognised for its stability and reliability, making it a trusted choice for clients seeking comprehensive financial solutions.
36
DitchCarbon score
-1 vs industry average
Regions Financial’s score of 36 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Regions Financial's reported carbon emissions
Regions Financial reported total location-based Scope 1 and 2 emissions of approximately 65,582,000 kg CO2e in 2023. Their Scope 1 emissions were 6,027,000 kg CO2e, and Scope 2 (market-based) emissions were 59,699,000 kg CO2e. Scope 3 emissions totalled 15,957,000 kg CO2e, including 3,965,000 kg CO2e from business travel, 8,250,000 kg CO2e from waste generated in operations, and 3,742,000 kg CO2e from fuel and energy-related activities.
For 2022, the company's total location-based Scope 1 and 2 emissions were around 63,391,000 kg CO2e, with Scope 1 at 5,341,000 kg CO2e and Scope 2 (market-based) at 54,545,000 kg CO2e. Their Scope 3 emissions for 2022 were 11,925,000 kg CO2e, comprising 3,616,000 kg CO2e from business travel, 4,537,000 kg CO2e from waste generated in operations, and 3,772,000 kg CO2e from fuel and energy-related activities.
Regions Financial has a near-term commitment to reduce its gross Scope 1 and Scope 2 GHG emissions (location-based) by 50% by 2030, against a 2019 baseline.
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Regions Financial’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Regions Financial26 days ago
36
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