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Regional SAB de CV

Common Name
Regional
Country
Mexico
Sector
Financial Services
Industry
Banks - Regional
Employees
7,109
Ticker
RA
Exchange
BOLSA MEXICANA DE VALORES
Description
Regional S.A.B. de C.V. is a prominent financial services entity based in Mexico, specializing in banking and related services. The company's primary function is to provide a comprehensive suite of ba...

Regional's GHG Emissions Data Preview

In 2024, Regional 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).

Regional 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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b
0000000
Total Scope 2
Unspecified Calculation Method
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a
0000000
Total Scope 3
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Regional’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 Regional’s data sources below and access millions more through our Disclosure Search.

a. Regional's Carbon Accounting Report 2024
a. Regional's Carbon Accounting Report 2024
b. Regional's Financial & Extra-Financial Disclosure 2022
b. Regional's Financial & Extra-Financial Disclosure 2022

Insights into Regional's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofRegional amounted to7,022metric 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 Regionaldecreased by 11.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Regional's Scope 1 Emissions Over Time

2019202020212022202320240200400600800tCO2e-8%+6%+23%+26%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Regional's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Regional were 769 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Regional reduced its Scope 1 emissions over time?

Since 2019, Regional's Scope 1 emissions have increased by 66.81%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Regional's Scope 1 emissions increased by 11.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Regional's Scope 2 emissions?

In 2024, Regional reported Scope 2 greenhouse gas (GHG) emissions of 6,253 tCOâ‚‚e without specifying the calculation method.a

Has Regional reduced its Scope 2 emissions over time?

Since 2019, Regional's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have remained relatively stable, indicating that Regional's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Regional's Scope 2 emissions(Unspecified Calculation Method) fell by 13.74% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Regional use for Scope 2 reporting?

In 2024, Regional reported its Scope 2 emissions using an unspecified methodology.a

Regional's Scope 2 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Regional's Value Chain Emissions

In 2024, Regional reported 370 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 Regional includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Regional's Scope 3 Emissions Over Time

2019202020212022202320240150300450600tCO2e-23%+192%-15%+169%-23%
  • Total Scope 3
  • Year-over-Year Change

What are Regional's Scope 3 emissions?

In 2024, Regional reported total Scope 3 emissions of 370 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

Has Regional reduced its Scope 3 emissions over time?

Since 2019, Regional's Scope 3 emissionshave increased by 297.85%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Regional's Scope 3 emissions decreased by 22.76%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Regional disclose?

In 2024, Regional 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 Regional's Scope 3 emissions?

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

  • Business Travel (Cat. 6): 370 tCOâ‚‚e(100%)

Regional's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

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

In 2024, Regional reported Scope 1 greenhouse gas (GHG) emissions of 769 tCOâ‚‚e and total revenues of USD 869 millions. This translates into an emissions intensity of 0.88 tCOâ‚‚e per millions USD.a

Regional's Scope 1 Emissions Intensity Compared to Peers

0.52050020,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)FNRVestjysk BankYear: 2023Scope 1: 123 tCO2eRevenue: $M 323Scope 1 Intensity: 0.38 tCO2e/$MRBL BankYear: 2024Scope 1: 116 tCO2eRevenue: $M 1,076Scope 1 Intensity: 0.11 tCO2e/$MAozora BankYear: 2023Scope 1: 95 tCO2eRevenue: $M 794Scope 1 Intensity: 0.12 tCO2e/$MBank MegaYear: 2024Scope 1: 1,553 tCO2eRevenue: $M 387Scope 1 Intensity: 4.02 tCO2e/$MGrupo Financiero BanorteYear: 2024Scope 1: 3,115 tCO2eRevenue: $M 10,605Scope 1 Intensity: 0.29 tCO2e/$MSouth Indian BankYear: 2023Scope 1: 201 tCO2eRevenue: $M 482Scope 1 Intensity: 0.42 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$MBank Pan IndonesiaYear: 2024Scope 1: 270,110 tCO2eRevenue: $M 639Scope 1 Intensity: 422.89 tCO2e/$MQingdao Rural Commercial BankYear: 2023Scope 1: 155 tCO2eRevenue: $M 1,449Scope 1 Intensity: 0.11 tCO2e/$MFFFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MBanque Cantonale du ValaisYear: 2023Scope 1: 259 tCO2eRevenue: $M 343Scope 1 Intensity: 0.76 tCO2e/$MAmalgamated FinancialYear: 2023Scope 1: 72 tCO2eRevenue: $M 286Scope 1 Intensity: 0.25 tCO2e/$MMBSBYear: 2023Scope 1: 41 tCO2eRevenue: $M 226Scope 1 Intensity: 0.18 tCO2e/$MGraubuendner KantonalbankYear: 2024Scope 1: 187 tCO2eRevenue: $M 564Scope 1 Intensity: 0.33 tCO2e/$MBandhan BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,475Scope 1 Intensity: 0.00 tCO2e/$MAlliance Bank MalaysiaYear: 2024Scope 1: 26 tCO2eRevenue: $M 428Scope 1 Intensity: 0.06 tCO2e/$MFEIBYear: 2023Scope 1: 307 tCO2eRevenue: $M 414Scope 1 Intensity: 0.74 tCO2e/$MBanque Cantonale de GeneveYear: 2023Scope 1: 282 tCO2eRevenue: $M 712Scope 1 Intensity: 0.40 tCO2e/$MNNNorion BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 333Scope 1 Intensity: 0.00 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MBannerYear: 2024Scope 1: 1,190 tCO2eRevenue: $M 603Scope 1 Intensity: 1.97 tCO2e/$MTMBThanachart BankYear: 2024Scope 1: 2,747 tCO2eRevenue: $M 2,245Scope 1 Intensity: 1.22 tCO2e/$MOberbankYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 960Scope 1 Intensity: 1.52 tCO2e/$MHong Leong Financial GroupYear: 2025Scope 1: 238 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.14 tCO2e/$MRRRegionalYear: 2024Scope 1: 769 tCO2eRevenue: $M 869Scope 1 Intensity: 0.88 tCO2e/$M

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

In 2024, Regional reported a Scope 1 emissions intensity of 0.88 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.36, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2024, Regional ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Regional's Total Carbon Footprint

In 2024, Regional reported a total carbon footprint of 7,392 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.21% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Regional's total carbon footprint was Scope 2 emissions, accounting for 84.59% of the company's total carbon footprint, followed by Scope 1 emissions at 10.4%.a

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