Synovus Financial Corp
Synovus Financial's GHG Emissions Data Preview
In 2023, Synovus 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) and Scope 2 (indirect emissions from purchased energy).
However, Synovus 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 | ||||
Market-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 |
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.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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 |
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Insights into Synovus Financial's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Synovus Financial amounted to 21,770 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 Synovus Financial decreased by 6.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Synovus Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Synovus Financial's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Synovus Financial were 3,210 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Has Synovus Financial reduced its Scope 1 emissions over time?
Since 2019, Synovus Financial's Scope 1 emissions have increased by 27.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Synovus Financial's Scope 1 emissions decreased by 10.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Synovus Financial's Scope 2 emissions?
In 2023, Synovus Financial reported Scope 2 greenhouse gas (GHG) emissions of 18,794 tCOâ‚‚e using the market-based method and 18,560 tCOâ‚‚e using the location-based method. a
Has Synovus Financial reduced its Scope 2 emissions over time?
Since 2019, Synovus Financial's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 19.21%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Synovus Financial's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Synovus Financial 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Synovus Financial use for Scope 2 reporting?
In 2023, Synovus Financial reported its Scope 2 emissions using the market-based method and using the location-based method. a
Synovus Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based