Public Profile

Umpqua Holdings

Umpqua Holdings Corporation, commonly known as Umpqua Bank, is a prominent financial institution headquartered in the United States. Founded in 1953, Umpqua has established itself as a leader in the banking industry, primarily serving the Pacific Northwest and California. The bank offers a diverse range of services, including personal and business banking, wealth management, and mortgage solutions, distinguished by its commitment to customer service and community engagement. With a focus on innovation, Umpqua Bank has achieved notable milestones, such as being recognised for its unique branch designs and customer-centric approach. The bank's market position is strengthened by its extensive network of branches and ATMs, making it a trusted choice for individuals and businesses alike. Umpqua's dedication to fostering relationships and enhancing financial well-being sets it apart in a competitive landscape.

DitchCarbon Score

How does Umpqua Holdings'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.

36

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.

26

Industry Benchmark

Umpqua Holdings's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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Umpqua Holdings's reported carbon emissions

In 2023, Umpqua Holdings reported total carbon emissions of approximately 12,000,000 kg CO2e, comprising 5,573,000 kg CO2e from Scope 1, 9,712,000 kg CO2e from Scope 2, and 7,080,000 kg CO2e from Scope 3 emissions. This marks a notable shift in their emissions profile compared to previous years, with total emissions decreasing from about 18,580,000 kg CO2e in 2022, 16,249,000 kg CO2e in 2021, and 17,345,000 kg CO2e in 2020. Umpqua Holdings has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. The emissions intensity for Scopes 1 and 2 was approximately 5,770 kg CO2e per 1,000 cal. norm. sq. ft. in 2023, reflecting ongoing efforts to manage and mitigate their carbon emissions. Overall, while Umpqua Holdings has made strides in emissions reduction, further details on specific climate commitments or reduction targets would enhance understanding of their long-term sustainability strategy.

Unlock detailed emissions data

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20192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Umpqua Holdings'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 Umpqua Holdings 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.

Umpqua Holdings 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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