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.
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.
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.
Umpqua Holdings's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Umpqua Holdings reported total carbon emissions of approximately 7,083,000 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 increase in emissions compared to previous years, with total emissions recorded at 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 not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have consistently reported emissions across all three scopes, indicating a commitment to transparency in their environmental impact. The company continues to monitor and report its emissions, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.