In 2023, Bancorp 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, Bancorp has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 |
|---|---|
Total Scope 1 | 304a |
Total Scope 2 | |
Market-Based | 1,289a |
Location-Based | 1,208a |
Total Scope 3 | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6522a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Bancorp amounted to 1,512 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
In 2023, the total Scope 1 emissions of Bancorp were 304 metric tons of CO₂ equivalent (tCO₂e).a
In 2023, Bancorp reported Scope 2 greenhouse gas (GHG) emissions of 1,289 tCO₂e using the market-based method and 1,208 tCO₂e using the location-based method.a
In 2023, Bancorp reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Bancorp reported Scope 1 greenhouse gas (GHG) emissions of 304 tCO₂e and total revenues of USD 466 millions. This translates into an emissions intensity of 0.65 tCO₂e per millions USD.a
In 2023, Bancorp reported a Scope 1 emissions intensity of 0.65 tCO₂e per millions USD. Compared to the peer group median of 1.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2023, Bancorp ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Bancorp among the top performers, with one of the lowest emissions intensities relative to peers.a