Regions Financial Corporation

Banks
RF
$ 20 0.3
Share price
$ 19 bn
Market Cap
$ 19 bn
Enterprise Value

Carbon footprint

4.1 Ton
GHG emissions per $ 1 mln investment
0.15x the weighted average for S&P 500
FY2020
How is this calculated?
-22%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
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 2020 at 77 Kt (-22 /-21.9% y-o-y). Also positively, carbon intensity fell to 16 t (-2.5 /-13.9% y-o-y).

Regions Financial Corporation's Scope 3 emissions plunged to 2.4 Kt (-6 /-71.1% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-35.5% CAGR).

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 -2.8 Kt per annum over the period of FY2021 - 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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