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 has achieved notable milestones, such as being one of the first banks to introduce a customer-centric branch design. Its unique approach to banking, which blends technology with personalised service, has positioned Umpqua as a trusted partner for individuals and businesses alike. The bank's dedication to sustainability and community development further enhances its reputation in the financial sector.
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.
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 Holdings's score of 27 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Umpqua Holdings's reported carbon emissions
In 2022, Umpqua Holdings reported total carbon emissions of approximately 18,580,000 kg CO2e. This figure includes 4,892,000 kg CO2e from Scope 1 emissions, 11,715,000 kg CO2e from Scope 2 emissions, and 1,975,000 kg CO2e attributed to Scope 3 emissions, specifically from business travel. Over the previous years, Umpqua Holdings has demonstrated a trend of decreasing emissions, with total emissions dropping from about 20,939,000 kg CO2e in 2019 to 18,580,000 kg CO2e in 2022. This represents a significant reduction in their overall carbon footprint. Despite these reductions, Umpqua Holdings has not publicly committed to specific science-based targets or formal climate pledges. The absence of documented reduction targets suggests that while the company is actively managing its emissions, it may not yet be aligned with industry-leading climate initiatives. Overall, Umpqua Holdings is making strides in reducing its carbon emissions, but further commitments and structured targets could enhance its climate strategy and impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 5,006,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,416,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,516,000 | 000,000 | 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 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.
