Regions Financial Corporation

Diversified Banks
RF
$ 21 (1.1)%
Share price
$ 20 bn
Market Cap
$ 22 bn
Enterprise Value

Carbon footprint

2.8 Ton
GHG emissions per $ 1 mln investment
0.07x the weighted average for S&P 500
FY2021
How is this calculated?
-20%
YOY change in GHG emissions
Weaker than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.2%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Regions Financial Corporation aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Regions Financial Corporation's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Regions Financial Corporation's GHG emissions (market-based) (Kt of CO2e)
Regions Financial Corporation's Carbon intensity (Tons per 1 USDm)

Regions Financial Corporation's carbon footprint

Regions Financial Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 62 Kt (-15 /-19.9% y-o-y). Also positively, carbon intensity dropped to 16 t (-2.5 /-13.9% y-o-y).

Regions Financial Corporation's Scope 3 emissions increased marginally to 2.5 Kt (+0.01/+0.5% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -1.4 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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