Associated Banc-Corp

Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
3,993
Ticker
ASB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Associated Banc-Corp is a regional banking and financial services corporation operating primarily in the Midwest United States. The bank provides a comprehensive range of services, including commercia...

Associated Banc-Corp's GHG Emissions Data Preview

In 2023, Associated Banc-Corp completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Associated Banc-Corp has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Associated Banc-Corp’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Associated Banc-Corp’s data sources below and access millions more through our Disclosure Search.

a. Associated Banc-Corp's Sustainability Report 2023
a. Associated Banc-Corp's Sustainability Report 2023

Insights into Associated Banc-Corp's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Associated Banc-Corp amounted to 19,145 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Associated Banc-Corp decreased by 11.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Associated Banc-Corp's Scope 1 Emissions Over Time

20212022202301.5 k3 k4.5 k6 ktCO2e+23%-30%
  • Total Scope 1
  • Year-over-Year Change

What are Associated Banc-Corp's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Associated Banc-Corp were 4,081 metric tons of CO₂ equivalent (tCO₂e). a

Has Associated Banc-Corp reduced its Scope 1 emissions over time?

Since 2021, Associated Banc-Corp's Scope 1 emissions have decreased by 13.67%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Associated Banc-Corp's Scope 1 emissions decreased by 29.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Associated Banc-Corp's Scope 2 emissions?

In 2023, Associated Banc-Corp reported Scope 2 greenhouse gas (GHG) emissions of 15,064 tCO₂e using the location-based method. a

Has Associated Banc-Corp reduced its Scope 2 emissions over time?

Since 2021, Associated Banc-Corp's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Associated Banc-Corp 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Associated Banc-Corp's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Associated Banc-Corp 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Associated Banc-Corp use for Scope 2 reporting?

In 2023, Associated Banc-Corp reported its Scope 2 emissions using the location-based method. a

Associated Banc-Corp's Scope 2 Emissions Over Time

20212022202304 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based

Insights into Associated Banc-Corp’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Associated Banc-Corp reported Scope 1 greenhouse gas (GHG) emissions of 4,081 tCO₂e and total revenues of USD 1,097 millions. This translates into an emissions intensity of 3.72 tCO₂e per millions USD. a

Associated Banc-Corp's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)Columbia Banking SystemYear: 2023Scope 1: 5,573 tCO2eRevenue: $M 1,997Scope 1 Intensity: 2.79 tCO2e/$MHuntington BancsharesYear: 2023Scope 1: 16,331 tCO2eRevenue: $M 7,360Scope 1 Intensity: 2.22 tCO2e/$MM&T BankYear: 2023Scope 1: 17,124 tCO2eRevenue: $M 9,398Scope 1 Intensity: 1.82 tCO2e/$MFirst HorizonYear: 2024Scope 1: 3,710 tCO2eRevenue: $M 3,096Scope 1 Intensity: 1.20 tCO2e/$MSynovus FinancialYear: 2024Scope 1: 3,240 tCO2eRevenue: $M 1,980Scope 1 Intensity: 1.64 tCO2e/$MUS BancorpYear: 2022Scope 1: 38,206 tCO2eRevenue: $M 24,184Scope 1 Intensity: 1.58 tCO2e/$MUnited BanksharesYear: 2022Scope 1: 2,838 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.73 tCO2e/$MBancorpYear: 2023Scope 1: 304 tCO2eRevenue: $M 466Scope 1 Intensity: 0.65 tCO2e/$MKeyCorpYear: 2024Scope 1: 9,236 tCO2eRevenue: $M 4,393Scope 1 Intensity: 2.10 tCO2e/$MComericaYear: 2024Scope 1: 5,391 tCO2eRevenue: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MCitizens Financial GroupYear: 2023Scope 1: 8,765 tCO2eRevenue: $M 8,224Scope 1 Intensity: 1.07 tCO2e/$MTruist FinancialYear: 2024Scope 1: 13,382 tCO2eRevenue: $M 13,278Scope 1 Intensity: 1.01 tCO2e/$MAmalgamated FinancialYear: 2023Scope 1: 72 tCO2eRevenue: $M 286Scope 1 Intensity: 0.25 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MRegions FinancialYear: 2023Scope 1: 6,027 tCO2eRevenue: $M 7,574Scope 1 Intensity: 0.80 tCO2e/$MFifth Third BancorpYear: 2024Scope 1: 9,449 tCO2eRevenue: $M 8,253Scope 1 Intensity: 1.14 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MFirst Republic BankYear: 2021Scope 1: 3,000 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.60 tCO2e/$MFlagstar FinancialYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MAssociated Banc-CorpYear: 2023Scope 1: 4,081 tCO2eRevenue: $M 1,097Scope 1 Intensity: 3.72 tCO2e/$M

How does Associated Banc-Corp's GHG emissions intensity compare to its peers?

In 2023, Associated Banc-Corp reported a Scope 1 emissions intensity of 3.72 tCO₂e per millions USD. Compared to the peer group median of 1.2 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Associated Banc-Corp rank on GHG emissions intensity within its industry?

In 2023, Associated Banc-Corp ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Associated Banc-Corp among the least efficient performers, with one of the highest emissions intensities in its sector. a

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