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Banner Corp

Common Name
Banner
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
1,889
Ticker
BANR
Exchange
NASDAQ/NGS
Description
Banner Corporation is a bank holding company that operates through its subsidiary bank, Banner Bank. It provides a comprehensive range of financial services to individuals, businesses, and public sect...

Banner's GHG Emissions Data Preview

In 2024, Banner 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Banner has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Banner’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 Banner’s data sources below and access millions more through our Disclosure Search.

a. Banner's Corporate Responsibility Report (CRR) 2024
a. Banner's Corporate Responsibility Report (CRR) 2024

Insights into Banner's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBanner amounted to4,525.55metric 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 2023, the total operational greenhouse gas (GHG) emissions of Bannerdecreased by 2.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Banner's Scope 1 Emissions Over Time

202120222023202404008001.2 k1.6 ktCO2e+2%-14%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Banner's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Banner were 1,190.15 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Banner reduced its Scope 1 emissions over time?

Since 2021, Banner's Scope 1 emissions have decreased by 15.98%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Banner's Scope 1 emissions decreased by 5.12%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Banner's Scope 2 emissions?

In 2024, Banner reported Scope 2 greenhouse gas (GHG) emissions of 3,363.35 tCOâ‚‚e using the market-based method and 3,335.4 tCOâ‚‚e using the location-based method.a

Has Banner reduced its Scope 2 emissions over time?

Since 2021, Banner's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 23.41%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Banner's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Banner's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Banner use for Scope 2 reporting?

In 2024, Banner reported its Scope 2 emissions using the market-based method and using the location-based method.a

Banner's Scope 2 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banner's Value Chain Emissions

In 2024, Banner reported 939.06 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Banner includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Banner's Scope 3 Emissions Over Time

202402505007501 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Banner's Scope 3 emissions?

In 2024, Banner reported total Scope 3 emissions of 939.06 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does Banner disclose?

In 2024, Banner reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Banner's Scope 3 emissions?

In 2024, the largest contributors to Banner's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 939.06 tCOâ‚‚e(100%)

Banner's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Banner’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Banner reported Scope 1 greenhouse gas (GHG) emissions of 1,190.15 tCOâ‚‚e and total revenues of USD 603 millions. This translates into an emissions intensity of 1.97 tCOâ‚‚e per millions USD.a

Banner's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)FHuntington BancsharesYear: 2024Scope 1: 19,134 tCO2eRevenue: $M 7,385Scope 1 Intensity: 2.59 tCO2e/$MM&T BankYear: 2024Scope 1: 17,889 tCO2eRevenue: $M 9,231Scope 1 Intensity: 1.94 tCO2e/$MAssociated Banc-CorpYear: 2024Scope 1: 3,558 tCO2eRevenue: $M 1,029Scope 1 Intensity: 3.46 tCO2e/$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: 2024Scope 1: 34,015 tCO2eRevenue: $M 27,334Scope 1 Intensity: 1.24 tCO2e/$MUnited BanksharesYear: 2023Scope 1: 1,959 tCO2eRevenue: $M 1,047Scope 1 Intensity: 1.87 tCO2e/$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: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MFFFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MCitizens Financial GroupYear: 2024Scope 1: 9,552 tCO2eRevenue: $M 7,794Scope 1 Intensity: 1.23 tCO2e/$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: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MRegions FinancialYear: 2024Scope 1: 6,004 tCO2eRevenue: $M 7,083Scope 1 Intensity: 0.85 tCO2e/$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 BankYear: 2024Scope 1: 3,767 tCO2eRevenue: $M 2,584Scope 1 Intensity: 1.46 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MPNC Financial Services GroupYear: 2024Scope 1: 28,268 tCO2eRevenue: $M 20,808Scope 1 Intensity: 1.36 tCO2e/$MBannerYear: 2024Scope 1: 1,190 tCO2eRevenue: $M 603Scope 1 Intensity: 1.97 tCO2e/$M

How does Banner's GHG emissions intensity compare to its peers?

In 2024, Banner reported a Scope 1 emissions intensity of 1.97 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Banner rank on GHG emissions intensity within its industry?

In 2024, Banner ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Banner among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Banner's Total Carbon Footprint

In 2024, Banner reported a total carbon footprint of 5,464.61 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Banner's total carbon footprint was Scope 2 emissions, accounting for 61.04% of the company's total carbon footprint, followed by Scope 1 emissions at 21.78%.a

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