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 2023, 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)2023202220212020 - 2017
Total Scope 1
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b
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0000000
Total Scope 2
Unspecified Calculation Method
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b
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 Annual Report 2023
a. Regional's Annual Report 2023
b. Regional's Financial & Extra-Financial Disclosure 2022
b. Regional's Financial & Extra-Financial Disclosure 2022

Insights into Regional's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Regional amounted to 6,947 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 Regional increased by 2.95%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Regional's Scope 1 Emissions Over Time

2018201920202021202220230200400600800tCO2e-29%-7%+6%+23%+26%
  • Total Scope 1
  • Year-over-Year Change

What are Regional's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Regional were 692 metric tons of CO₂ equivalent (tCO₂e). a

Has Regional reduced its Scope 1 emissions over time?

Since 2018, Regional's Scope 1 emissions have increased by 7.58%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Regional's Scope 1 emissions increased by 25.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Regional's Scope 2 emissions?

In 2023, Regional reported Scope 2 greenhouse gas (GHG) emissions of 6,255 tCO₂e without specifying the calculation method. a

Has Regional reduced its Scope 2 emissions over time?

Since 2018, Regional's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 14.52%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Regional's Scope 2 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 b

What methodology does Regional use for Scope 2 reporting?

In 2023, Regional reported its Scope 2 emissions using an unspecified methodology. a

Regional's Scope 2 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Regional's Value Chain Emissions

In 2023, Regional reported 178 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 Regional includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Regional's Scope 3 Emissions Over Time

2018201920202021202220230150300450600tCO2e+121%-80%-23%+192%-15%
  • Total Scope 3
  • Year-over-Year Change

What are Regional's Scope 3 emissions?

In 2023, Regional reported total Scope 3 emissions of 178 metric tons of CO₂ equivalent (tCO₂e). 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 2018, Regional's Scope 3 emissions have decreased by 17.77%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Regional's Scope 3 emissions decreased by 15.26%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Regional disclose?

In 2023, 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 2023, the largest contributors to Regional's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 178 tCO₂e (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 2023, Regional reported Scope 1 greenhouse gas (GHG) emissions of 692 tCO₂e and total revenues of USD 916 millions. This translates into an emissions intensity of 0.76 tCO₂e per millions USD. a

Regional's Scope 1 Emissions Intensity Compared to Peers

102005,00050,0001,000,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)RVestjysk 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: 2023Scope 1: 2,698 tCO2eRevenue: $M 468Scope 1 Intensity: 5.77 tCO2e/$MGrupo Financiero BanorteYear: 2023Scope 1: 3,425 tCO2eRevenue: $M 11,489Scope 1 Intensity: 0.30 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$MTISCO Financial GroupYear: 2023Scope 1: 311,144 tCO2eRevenue: $M 580Scope 1 Intensity: 536.50 tCO2e/$MQingdao Rural Commercial BankYear: 2023Scope 1: 155 tCO2eRevenue: $M 1,449Scope 1 Intensity: 0.11 tCO2e/$MBasler KantonalbankYear: 2024Scope 1: 286 tCO2eRevenue: $M 728Scope 1 Intensity: 0.39 tCO2e/$MBanque Cantonale du ValaisYear: 2023Scope 1: 259 tCO2eRevenue: $M 343Scope 1 Intensity: 0.76 tCO2e/$MValiant HoldingYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 612Scope 1 Intensity: 1.69 tCO2e/$MMBSBYear: 2023Scope 1: 41 tCO2eRevenue: $M 226Scope 1 Intensity: 0.18 tCO2e/$MGraubuendner KantonalbankYear: 2024Scope 1: 187 tCO2eRevenue: $M 564Scope 1 Intensity: 0.33 tCO2e/$MAlliance Bank MalaysiaYear: 2024Scope 1: 26 tCO2eRevenue: $M 428Scope 1 Intensity: 0.06 tCO2e/$MBanque Cantonale de GeneveYear: 2023Scope 1: 282 tCO2eRevenue: $M 712Scope 1 Intensity: 0.40 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MTMBThanachart BankYear: 2023Scope 1: 3,042 tCO2eRevenue: $M 2,053Scope 1 Intensity: 1.48 tCO2e/$MOberbankYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 960Scope 1 Intensity: 1.52 tCO2e/$MHong Leong Financial GroupYear: 2023Scope 1: 234 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.17 tCO2e/$MRRRegionalYear: 2023Scope 1: 692 tCO2eRevenue: $M 916Scope 1 Intensity: 0.76 tCO2e/$M

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

In 2023, Regional reported a Scope 1 emissions intensity of 0.76 tCO₂e per millions USD. Compared to the peer group median of 0.39 , 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 2023, Regional ranked 14 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Regional reported a total carbon footprint of 7,125 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.4% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Regional's total carbon footprint was Scope 2 emissions, accounting for 87.79% of the company's total carbon footprint, followed by Scope 1 emissions at 9.71%. a

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