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Umpqua Bank
Umpqua Bank, officially known as Umpqua Holdings Corporation, is a prominent financial institution headquartered in the United States, specifically in Portland, Oregon. Founded in 1953, Umpqua Bank has established itself as a leader in the banking industry, primarily serving the Pacific Northwest and Northern California. The bank offers a diverse range of services, including personal and business banking, investment management, and mortgage solutions, distinguished by its commitment to customer service and community engagement. Umpqua Bank is recognised for its innovative approach, featuring unique branch designs that foster a welcoming atmosphere. With a strong market position, Umpqua Bank has received numerous accolades for its customer satisfaction and community involvement, solidifying its reputation as a trusted financial partner in the regions it serves.
DitchCarbon Score
How does Umpqua 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
Umpqua Bank's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Umpqua Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Columbia Banking System, Inc., which may influence its climate-related initiatives and reporting. While Umpqua Bank has not set specific reduction targets or made notable climate pledges, it is important to note that its emissions data and performance metrics are cascaded from Columbia Banking System, Inc. at a first-level corporate relationship. This means that any climate commitments or emissions reductions may be aligned with the broader strategies of its parent organisation. As of now, Umpqua Bank's climate commitments and reduction initiatives remain unspecified, reflecting a need for further transparency and action in addressing carbon emissions. The bank's future climate strategy may benefit from adopting industry-standard practices and targets, such as those outlined by the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP).
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,006,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,416,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 3,516,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.
Umpqua 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.
