Truist Financial Corp
Truist Financial's Climate Target Data Preview
As of 2024, Truist Financial has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Truist Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
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Verified Sources Behind Truist Financial’s Climate Targets Data
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Insights into Truist Financial's Greenhouse Gas Emissions Pathways
As of 2024, Truist Financial has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Truist Financial have a target to reduce the emissions from its operations?
As of 2024, Truist Financial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Truist Financial's most ambitious operational target is to reduce these emissions by 35% by 2030, compared to a baseline of 17,607.895 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2024, Truist Financial is ahead of schedule on its operational emissions reduction target, having achieved 68.57% of the planned reduction. a