Umpqua Holdings

Umpqua Holdings's reported carbon emissions

Umpqua Holdings, headquartered in the US and operating in financial intermediation services, disclosed its total carbon emissions for 2024 to be approximately 19.1 million kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions. In the preceding year, 2023, the company reported total emissions of about 22.4 million kg CO2e. Looking further back, Umpqua Holdings reported total emissions of approximately 18.6 million kg CO2e in 2022, with Scope 1 emissions at around 4.9 million kg CO2e and Scope 2 emissions at approximately 11.7 million kg CO2e. In 2021, total emissions were about 16.2 million kg CO2e, comprising Scope 1 emissions of roughly 4.6 million kg CO2e and Scope 2 emissions of approximately 10.6 million kg CO2e. For 2020, total emissions were reported as approximately 17.3 million kg CO2e, with Scope 1 emissions around 4.5 million kg CO2e and Scope 2 emissions at about 12.0 million kg CO2e. In 2019, the company's total emissions were approximately 20.9 million kg CO2e, with Scope 1 emissions at about 5.0 million kg CO2e and Scope 2 emissions at around 12.4 million kg CO2e. Umpqua Holdings's data indicates that Scope 2 emissions, measured on a location-based approach, represented a significant portion of its overall carbon footprint in the analysed years. While specific reduction targets are not detailed, the company has been reporting emissions across all three scopes, with Scope 3 emissions also disclosed, though with some missing data points such as purchased goods and services. The company's climate commitments are underscored by its ESG reporting, with data sourced from Columbia Banking System, Inc.