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Financial Intermediation
US
updated 6 months ago

Synovus Bank

Company website

Synovus Bank, officially known as Synovus Financial Corp., is a prominent financial institution headquartered in Columbus, Georgia, USA. Established in 1888, Synovus has evolved into a leading player in the banking industry, primarily serving the Southeastern United States. The bank offers a comprehensive range of services, including commercial and retail banking, wealth management, and mortgage solutions, distinguished by its commitment to personalised customer service. With a strong market presence, Synovus has achieved notable milestones, such as being recognised for its innovative banking solutions and community involvement. Its core products, including tailored lending options and investment services, are designed to meet the diverse needs of individuals and businesses alike. Synovus Bank continues to solidify its reputation as a trusted financial partner, dedicated to fostering economic growth in the regions it serves.

DitchCarbon Score

How does Synovus Bank'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.

29

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.

28

Industry Benchmark

Synovus Bank's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Synovus Bank's reported carbon emissions

Inherited from Synovus Financial Corp.

As of the latest available data, Synovus Bank does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The bank is a current subsidiary of Synovus Financial Corp., which may influence its climate-related initiatives and reporting. Synovus Bank has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. Additionally, there are no documented climate pledges or reduction initiatives outlined in the available information. Given the absence of specific emissions data and reduction targets, it is essential to note that Synovus Bank's climate commitments may be influenced by broader corporate strategies from its parent company, Synovus Financial Corp. However, without explicit data or commitments, the bank's current climate impact and future goals remain unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020212022
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Synovus Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Synovus Bank is in US, which has a low grid carbon intensity relative to other regions.

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 Bank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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