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SunTrust Banks, Inc.
SunTrust Banks, Inc., commonly referred to as SunTrust, is a prominent financial institution headquartered in the United States. Established in 1891, the bank has evolved significantly, becoming a key player in the banking industry, particularly in the Southeastern region of the country. SunTrust offers a comprehensive range of services, including personal banking, commercial banking, investment services, and wealth management. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong market position, SunTrust has achieved notable milestones, including its merger with BB&T in 2019, which expanded its footprint and enhanced its service offerings. The bank continues to focus on delivering unique financial products tailored to meet the diverse needs of its clients.
DitchCarbon Score
How does SunTrust Banks, 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
SunTrust Banks, Inc.'s score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SunTrust Banks, Inc., now part of Truist Financial Corporation, has not publicly disclosed specific carbon emissions data for the most recent year. As a merged entity, emissions data and climate commitments may be inherited from its parent organisation, Truist Financial Corporation. Currently, there are no documented reduction targets or climate pledges from SunTrust Banks, Inc. This lack of specific emissions data and reduction initiatives indicates a need for further transparency in their climate commitments. As part of the financial services industry, SunTrust's climate strategy may align with broader sectoral goals, but specific details regarding their emissions scope (Scope 1, 2, or 3) and reduction achievements remain unspecified. The absence of concrete data highlights the importance of ongoing efforts to establish measurable climate commitments within the organisation.
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Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 17,524,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 218,277,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 100,208,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SunTrust Banks, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
