Regions Mortgage Inc. Sustainability Profile
Regions Mortgage Inc., a prominent player in the US mortgage industry, is headquartered in Birmingham, Alabama. Founded in 2001, the company has established itself as a trusted provider of home financing solutions across several key operational regions, including the Southeast and Midwest. Specialising in residential mortgages, Regions Mortgage offers a diverse range of products, including conventional loans, FHA loans, and VA loans, tailored to meet the unique needs of its clients. What sets Regions apart is its commitment to personalised service and local expertise, ensuring customers receive guidance throughout the mortgage process. With a strong market position, Regions Mortgage has achieved notable milestones, including recognition for its customer satisfaction and innovative lending practices. As a subsidiary of Regions Financial Corporation, the company continues to play a vital role in helping individuals and families achieve their homeownership dreams.
DitchCarbon Score
How does Regions Mortgage Inc.'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 Mortgage Inc.'s score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Regions Mortgage Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is part of a corporate family that includes Regions Financial Corporation, from which it inherits emissions data and climate commitments. As of now, Regions Mortgage Inc. has not established any documented reduction targets or climate pledges. The lack of specific initiatives or targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction initiatives, it is essential to note that the broader context of the financial services industry is increasingly focused on sustainability and climate action. Many organisations within this sector are adopting Science-Based Targets Initiative (SBTi) commitments and other frameworks to reduce their carbon footprints and enhance transparency regarding their environmental impact. In summary, while Regions Mortgage Inc. does not currently report specific emissions or reduction targets, it is positioned within a corporate structure that may influence its future climate commitments and performance.
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| 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 Mortgage Inc.'s Industry?
How Carbon Intensive is Regions Mortgage Inc.'s Location?
Regions Mortgage Inc.'s Scope 3 Categories Breakdown
Regions Mortgage Inc.'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 Mortgage Inc.'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 Mortgage Inc. 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.
