Flagstar Financial Inc
Flagstar Financial's GHG Emissions Data Preview
In 2023, Flagstar Financial 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, Flagstar Financial 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Flagstar Financial’s Greenhouse Gas (GHG) Emissions Data
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Insights into Flagstar Financial's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Flagstar Financial amounted to 31,739 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 Flagstar Financial decreased by 5.85%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Flagstar Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Flagstar Financial's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Flagstar Financial were 4,136 metric tons of CO₂ equivalent (tCO₂e). a
Has Flagstar Financial reduced its Scope 1 emissions over time?
Since 2019, Flagstar Financial's Scope 1 emissions have decreased by 28.7%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Flagstar Financial's Scope 1 emissions decreased by 19.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Flagstar Financial's Scope 2 emissions?
In 2023, Flagstar Financial reported Scope 2 greenhouse gas (GHG) emissions of 27,603 tCO₂e using the location-based method. a
Has Flagstar Financial reduced its Scope 2 emissions over time?
Since 2019, Flagstar Financial's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 34.3%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Flagstar Financial's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Flagstar Financial 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Flagstar Financial use for Scope 2 reporting?
In 2023, Flagstar Financial reported its Scope 2 emissions using the location-based method. a
Flagstar Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Flagstar Financial's Value Chain Emissions
In 2023, Flagstar Financial reported 10,168 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 Flagstar Financial 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
Flagstar Financial's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Flagstar Financial's Scope 3 emissions?
In 2023, Flagstar Financial reported total Scope 3 emissions of 10,168 metric tons of CO₂ equivalent (tCO₂e). a
Has Flagstar Financial reduced its Scope 3 emissions over time?
Since 2019, Flagstar Financial's Scope 3 emissions have remained relatively stable, indicating that Flagstar Financial 's emissions have plateaued with no significant change in its value chain footprint. a
Compared to the previous year (2022), Flagstar Financial's Scope 3 emissions remained relatively stable, indicating that Flagstar Financial 's emissions have plateaued with no significant change in its value chain footprint. a
Insights into Flagstar Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Flagstar Financial reported Scope 1 greenhouse gas (GHG) emissions of 4,136 tCO₂e and total revenues of USD 3,633 millions. This translates into an emissions intensity of 1.14 tCO₂e per millions USD. a
Flagstar Financial's Scope 1 Emissions Intensity Compared to Peers
How does Flagstar Financial's GHG emissions intensity compare to its peers?
In 2023, Flagstar Financial reported a Scope 1 emissions intensity of 1.14 tCO₂e per millions USD. Compared to the peer group median of 1.26 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Flagstar Financial rank on GHG emissions intensity within its industry?
In 2023, Flagstar Financial ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Flagstar Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Flagstar Financial's Total Carbon Footprint
In 2023, Flagstar Financial reported a total carbon footprint of 41,907 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.18% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Flagstar Financial's total carbon footprint was Scope 2 emissions, accounting for 65.87% of the company's total carbon footprint, followed by Scope 3 emissions at 24.26%. a