Truist Financial Corporation

Regional Banks
TFC
$ 47 1.1
Share price
$ 62 bn
Market Cap
$ 99 bn
Enterprise Value

Carbon footprint

2.5 Ton
GHG emissions per $ 1 mln investment
0.07x the weighted average for S&P 500
FY2021
How is this calculated?
+24%
YOY change in GHG emissions
Stronger than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.8%
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?

Truist Financial Corporation aims to reduce Scope 1 + 2 by 35% by 2030 from a base year 2019


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

GHG emissions and Carbon intensity

Truist Financial Corporation's GHG emissions (market-based) (Kt of CO2e)

Truist Financial Corporation's carbon footprint

Truist Financial Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 252 Kt (+49/+24% y-o-y).

Truist Financial Corporation's Scope 3 emissions decreased to 101 Kt (-45 /-31% y-o-y). The performance has been erratic recently.

The company is committed to reducing Scope 1 + 2 by 35% by 2030 from a base year 2019, which translates into the estimated reduction of -12 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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