SVB Financial Group

SVB Financial Group, headquartered in the US and operating within the financial intermediation services sector, reported its most recent carbon emissions for 2021. The company's total emissions for that year amounted to approximately 16,330,000 kg CO2e. This included approximately 306,000 kg CO2e from Scope 1 emissions, 5,581,000 kg CO2e from Scope 2 market-based emissions, and various Scope 3 emissions such as capital goods (1,428,000 kg CO2e), business travel (1,065,000 kg CO2e), employee commute (7,270,000 kg CO2e), and upstream leased assets (585,000 kg CO2e).

In 2020, SVB Financial Group's reported emissions included approximately 575,000 kg CO2e for Scope 1, 6,781,000 kg CO2e for Scope 2 market-based, and various Scope 3 emissions, including capital goods (1,579,000 kg CO2e), business travel (2,692,000 kg CO2e), employee commute (4,760,000 kg CO2e), and upstream leased assets (525,000 kg CO2e).

For 2019, the company reported a total of approximately 30,990,000 kg CO2e. This comprised around 613,000 kg CO2e for Scope 1, 7,767,000 kg CO2e for Scope 2 market-based, and Scope 3 emissions including business travel (13,812,000 kg CO2e), employee commute (7,268,000 kg CO2e), and fuel and energy-related activities (1,530,000 kg CO2e).

SVB Financial Group currently does not have any publicly disclosed reduction targets, such as those verified by the Science Based Targets initiative (SBTi). The company's climate-related disclosures, including performance data, are directly from SVB Financial Group, indicating no cascaded information from a parent entity.