Columbia Banking System Inc

Common Name
Columbia Banking System
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
4,721
Ticker
COLB
Exchange
NASDAQ/NGS
Description
Columbia Banking System Inc. is a financial services company operating within the banking sector, specifically focused on providing a range of banking solutions to both individuals and businesses. Hea...

Columbia Banking System's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Columbia Banking System's Operational Emissions

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).

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.

Columbia Banking System's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-11%+3%+6%+14%
  • Total Scope 1
  • Year-over-Year Change

What are Columbia Banking System's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Columbia Banking System were 5,573 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Columbia Banking System reduced its Scope 1 emissions over time?

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.

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.

What are Columbia Banking System's Scope 2 emissions?

In 2023, Columbia Banking System reported Scope 2 greenhouse gas (GHG) emissions of 9,712 tCOâ‚‚e using the location-based method.

Has Columbia Banking System reduced its Scope 2 emissions over time?

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.

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.

What methodology does Columbia Banking System use for Scope 2 reporting?

In 2023, Columbia Banking System reported its Scope 2 emissions using the location-based method.

Columbia Banking System's Scope 2 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based

Insights into Columbia Banking System's Value Chain Emissions

In 2023, Columbia Banking System reported 7,080 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Columbia Banking System's Scope 3 Emissions Over Time

2019202020212022202302 k4 k6 k8 ktCO2e-76%+16%+100%+258%
  • Total Scope 3
  • Year-over-Year Change

What are Columbia Banking System's Scope 3 emissions?

In 2023, Columbia Banking System reported total Scope 3 emissions of 7,080 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Columbia Banking System reduced its Scope 3 emissions over time?

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.

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.

Insights into Columbia Banking System's Total Carbon Footprint

In 2023, Columbia Banking System reported a total carbon footprint of 22,365 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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