Synovus
Synovus Financial Corp., commonly known as Synovus, is a prominent financial services company headquartered in the United States. Established in 1888, Synovus has evolved into a leading player in the banking industry, primarily serving the Southeastern region, including Georgia, Alabama, South Carolina, Tennessee, and Florida. The company offers a diverse range of services, including commercial banking, investment management, and mortgage services, distinguished by its commitment to personalised customer service and innovative financial solutions. Synovus has achieved notable milestones, such as being recognised for its strong community involvement and sustainable banking practices. With a robust market position, Synovus continues to enhance its reputation as a trusted partner for individuals and businesses seeking comprehensive financial services.
DitchCarbon Score
How does Synovus'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
Synovus's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Synovus's reported carbon emissions
In 2022, Synovus reported total carbon emissions of approximately 2,332,200 kg CO2e from Scope 1 and 23,328,000 kg CO2e from Scope 2, resulting in a combined total of about 23,322,000 kg CO2e. The breakdown of Scope 1 emissions includes approximately 3,569,000 kg CO2e, with mobile combustion contributing about 1,885,000 kg CO2e and fugitive emissions accounting for approximately 1,258,000 kg CO2e. Over the years, Synovus has shown fluctuations in its emissions. In 2021, the total emissions were about 23,864,000 kg CO2e, while in 2020, they were approximately 24,464,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, Synovus's emissions data reflects its operational impact, and while specific reduction strategies are not detailed, the company is positioned within the financial sector, which is increasingly focusing on sustainability and climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 2,514,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 23,122,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Synovus is not committed to any reduction initiatives 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.
