Curious to see the emissions of the organizations you buy from or invest in?
Book a demo for a pilot project
Regions Financial
Financial IntermediationUnited StatesXETRA: RN70.F
Last verified 17 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.
Part of the Sustainability team at Regions Financial?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
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 carbon emissions of approximately 81,726,000 kg CO2e in 2023. This includes Scope 1 emissions of 6,027,000 kg CO2e, Scope 2 emissions (market-based) of 59,699,000 kg CO2e, and Scope 3 emissions of 15,957,000 kg CO2e. For 2022, their total emissions were approximately 71,811,000 kg CO2e.
Regions Financial is committed to reducing its environmental impact. They have set a near-term target to achieve a 50% reduction in gross Scope 1 and Scope 2 (location-based) greenhouse gas emissions by 2030, against a 2019 baseline. In 2019, the company's Scope 1 emissions were 6,032,000 kg CO2e and Scope 2 (location-based) emissions were 92,321,000 kg CO2e.
Assessing Regions Financial as a supplier or portfolio company?
- See verified emissions data for over 2 million organizations
- View emissions forecasts for Regions Financial and the organizations you buy from or invest in
- Get PCAF data quality (DQ) scores, including for private organizations
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
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Regions Financial17 days ago
36
Need this data for financed emissions?
PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more