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 23,328,000 kg CO2e, which includes 3,569,000 kg CO2e from Scope 1 and 19,758,000 kg CO2e from Scope 2 emissions. This marked a notable increase in Scope 1 emissions compared to previous years, where Scope 1 emissions were 2,180,000 kg CO2e in 2021 and 1,376,000 kg CO2e in 2020. The company's Scope 2 emissions have shown some fluctuation, with 23,684,000 kg CO2e in 2021 and 23,088,000 kg CO2e in 2020. Despite these figures, Synovus has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Overall, Synovus's emissions data reflects its operational impact on climate change, and while the company has not set formal reduction goals, it continues to monitor and report its carbon footprint as part of its environmental, social, and governance (ESG) commitments.
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.
