Regions Financial
Regions Financial Corporation, commonly known as Regions Bank, is a prominent financial institution headquartered in the United States, specifically in Birmingham, Alabama. Founded in 1971, Regions has established itself as a key player in the banking industry, primarily serving the Southeastern and Midwestern regions of the country. The bank offers a diverse range of services, including personal and commercial banking, wealth management, and mortgage solutions. Regions is distinguished by its commitment to customer service and innovative financial products tailored to meet the unique needs of its clients. With a strong market position, Regions Financial has received numerous accolades for its community involvement and sustainable banking practices, reinforcing its reputation as a trusted partner in financial growth and stability.
DitchCarbon Score
How does Regions Financial'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
Regions Financial's score of 42 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Regions Financial's reported carbon emissions
In 2023, Regions Financial reported total carbon emissions of approximately 65,582,000 kg CO2e, comprising 6,027,000 kg CO2e from Scope 1, 59,699,000 kg CO2e from Scope 2, and 15,957,000 kg CO2e from Scope 3 emissions. The Scope 1 emissions included 3,062,000 kg CO2e from process emissions and 2,965,000 kg CO2e from stationary combustion. The Scope 2 emissions were reported on a market-based approach. Regions Financial has set ambitious climate commitments, aiming for a 50% reduction in gross Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. This target reflects the company's commitment to sustainability and aligns with industry standards for climate action. The company is actively working towards these goals, with progress monitored against their established timeline. Overall, Regions Financial's emissions data and reduction targets demonstrate a proactive approach to addressing climate change and reducing their carbon footprint in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2008 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,222,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 196,264,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Regions Financial is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
