Synovus Bank Sustainability Profile
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.
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 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.
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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.
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| 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 | - | - | - | - |
How Carbon Intensive is Synovus Bank's Industry?
How Carbon Intensive is Synovus Bank's Location?
Synovus Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Synovus Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
