UMB Financial Corporation, commonly referred to as UMB, is a prominent financial services provider headquartered in the United States. Established in 1913, UMB has grown to serve key regions across the Midwest and beyond, offering a diverse range of banking, investment, and asset management solutions. With a strong focus on commercial banking, UMB distinguishes itself through its commitment to personalised service and innovative financial products. The corporation's core offerings include treasury management, wealth management, and healthcare banking, catering to both individual and institutional clients. Recognised for its stability and customer-centric approach, UMB Financial Corporation has achieved significant milestones, solidifying its position as a trusted partner in the financial industry. Its dedication to community engagement and sustainable practices further enhances its reputation as a leader in the sector.
How does UMB Financial Corporation'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.
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.
UMB Financial Corporation's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UMB Financial Corporation reported total carbon emissions of approximately 670 kg CO2e, comprising 223 kg CO2e from Scope 1, 223 kg CO2e from Scope 2, and about 224 kg CO2e from Scope 3 emissions related to purchased goods and services. This marks a slight increase from 2022, where total emissions were about 648 kg CO2e, with 216 kg CO2e from Scope 1, 216 kg CO2e from Scope 2, and approximately 217 kg CO2e from Scope 3. Despite the increase in emissions, UMB Financial Corporation has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As the financial sector increasingly prioritises climate commitments, UMB Financial Corporation may benefit from establishing clear goals to enhance their environmental performance and align with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 216 | 000 |
Scope 2 | 216 | 000 |
Scope 3 | 216.95 | 000.00 |
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.
UMB Financial Corporation 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.