Truist Financial Corporation

Truist Financial Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 183 Kt (-69 /-27.3% y-o-y). Also positively, carbon intensity declined to 8.2 t (-2.7 /-24.8% y-o-y).

Truist Financial Corporation's Scope 3 emissions was down at 86 Kt (-15 /-15.1% y-o-y). This is broadly in line with the declining trend (CAGR -16.3%) since 4Q'20.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.