United Community Banks, Inc. Sustainability Profile
United Community Banks, Inc., commonly referred to as UCBI, is a prominent financial institution headquartered in the United States. Established in 1950, the bank has grown significantly, serving major operational regions across the Southeast, including Georgia, South Carolina, and Tennessee. Operating within the banking industry, UCBI offers a comprehensive range of services, including personal and commercial banking, wealth management, and mortgage solutions. What sets United Community Banks apart is its commitment to community engagement and customer-centric service, fostering long-term relationships with clients. With a strong market position, UCBI has consistently been recognised for its financial stability and innovative banking solutions, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does United Community Banks, Inc.'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
United Community Banks, Inc.'s score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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United Community Banks, Inc.'s reported carbon emissions
United Community Banks, Inc., headquartered in the US, has set ambitious climate commitments aimed at reducing its carbon footprint. Although specific emissions data for the most recent year is not available, the bank has established clear reduction targets for its Scope 1 and Scope 2 emissions. The bank aims to reduce its Scope 1 emissions by 30% from 2020 levels by 2030. Additionally, it has committed to a similar 30% reduction in Scope 2 emissions by 2030. Furthermore, United Community Banks, Inc. has set a near-zero target for both Scope 1 and Scope 2 emissions by the middle of this decade, specifically aiming for 2025. These initiatives reflect the bank's commitment to sustainability and align with industry standards for climate action. As of now, there are no emissions data cascaded from a parent organization, indicating that the bank is independently managing its climate commitments.
How Carbon Intensive is United Community Banks, Inc.'s Industry?
How Carbon Intensive is United Community Banks, Inc.'s Location?
United Community Banks, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
United Community Banks, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
