In 2023, Columbia Banking System 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).
However, Columbia Banking System has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Columbia Banking System amounted to 15,285 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 Columbia Banking System decreased by 7.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Columbia Banking System were 5,573 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Columbia Banking System's Scope 1 emissions have increased by 11.33%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Columbia Banking System's Scope 1 emissions increased by 13.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Columbia Banking System reported Scope 2 greenhouse gas (GHG) emissions of 9,712 tCO₂e using the location-based method. a
Since 2019, Columbia Banking System's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 21.78%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Columbia Banking System's Scope 2 emissions (Location-Based) fell by 17.1% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Columbia Banking System reported its Scope 2 emissions using the location-based method. a
In 2023, Columbia Banking System reported 7,080 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Columbia Banking System includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Columbia Banking System reported total Scope 3 emissions of 7,080 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Columbia Banking System's Scope 3 emissions have increased by 101.37%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Columbia Banking System's Scope 3 emissions increased by 258.48%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2023, Columbia Banking System reported Scope 1 greenhouse gas (GHG) emissions of 5,573 tCO₂e and total revenues of USD 1,997 millions. This translates into an emissions intensity of 2.79 tCO₂e per millions USD. a
In 2023, Columbia Banking System reported a Scope 1 emissions intensity of 2.79 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
In 2023, Columbia Banking System ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Columbia Banking System among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2023, Columbia Banking System reported a total carbon footprint of 22,365 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.36% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Columbia Banking System's total carbon footprint was Scope 2 emissions, accounting for 43.42% of the company's total carbon footprint, followed by Scope 3 emissions at 31.66%. a