Hancock Whitney Corp

Common Name
Hancock Whitney
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
3,580
Ticker
HWC
Exchange
NASDAQ/NGS
Description
Hancock Whitney Corporation is a regional bank holding company primarily engaged in providing a comprehensive range of financial services. With a history dating back to 1883, Hancock Whitney serves ma...

Hancock Whitney's GHG Emissions Data Preview

In 2023, Hancock Whitney 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, Hancock Whitney has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hancock Whitney’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 Hancock Whitney’s data sources below and access millions more through our Disclosure Search.

a. Hancock Whitney's ESG Report 2023
a. Hancock Whitney's ESG Report 2023

Insights into Hancock Whitney's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hancock Whitney amounted to 15,735 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 Hancock Whitney increased by 0.39%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hancock Whitney's Scope 1 Emissions Over Time

20212022202303507001.05 k1.4 ktCO2e-5%+117%
  • Total Scope 1
  • Year-over-Year Change

What are Hancock Whitney's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hancock Whitney were 1,338 metric tons of CO₂ equivalent (tCO₂e). a

Has Hancock Whitney reduced its Scope 1 emissions over time?

Since 2021, Hancock Whitney's Scope 1 emissions have increased by 106.16%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Hancock Whitney's Scope 1 emissions increased by 116.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hancock Whitney's Scope 2 emissions?

In 2023, Hancock Whitney reported Scope 2 greenhouse gas (GHG) emissions of 14,817 tCO₂e using the market-based method and 14,397 tCO₂e using the location-based method. a

Has Hancock Whitney reduced its Scope 2 emissions over time?

Since 2021, Hancock Whitney's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Hancock Whitney 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Hancock Whitney's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hancock Whitney 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Hancock Whitney use for Scope 2 reporting?

In 2023, Hancock Whitney reported its Scope 2 emissions using the market-based method and using the location-based method. a

Hancock Whitney's Scope 2 Emissions Over Time

20212022202304 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hancock Whitney’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hancock Whitney reported Scope 1 greenhouse gas (GHG) emissions of 1,338 tCO₂e and total revenues of USD 1,367 millions. This translates into an emissions intensity of 0.98 tCO₂e per millions USD. a

Hancock Whitney's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)Columbia Banking SystemYear: 2023Scope 1: 5,573 tCO2eRevenue: $M 1,997Scope 1 Intensity: 2.79 tCO2e/$MHuntington BancsharesYear: 2023Scope 1: 16,331 tCO2eRevenue: $M 7,360Scope 1 Intensity: 2.22 tCO2e/$MM&T BankYear: 2023Scope 1: 17,124 tCO2eRevenue: $M 9,398Scope 1 Intensity: 1.82 tCO2e/$MAssociated Banc-CorpYear: 2023Scope 1: 4,081 tCO2eRevenue: $M 1,097Scope 1 Intensity: 3.72 tCO2e/$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: 2022Scope 1: 38,206 tCO2eRevenue: $M 24,184Scope 1 Intensity: 1.58 tCO2e/$MUnited BanksharesYear: 2022Scope 1: 2,838 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.73 tCO2e/$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: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MCitizens Financial GroupYear: 2023Scope 1: 8,765 tCO2eRevenue: $M 8,224Scope 1 Intensity: 1.07 tCO2e/$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: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$MRegions FinancialYear: 2023Scope 1: 6,027 tCO2eRevenue: $M 7,574Scope 1 Intensity: 0.80 tCO2e/$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 FinancialYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$M

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

In 2023, Hancock Whitney reported a Scope 1 emissions intensity of 0.98 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 Hancock Whitney rank on GHG emissions intensity within its industry?

In 2023, Hancock Whitney ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Hancock Whitney is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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