Truist Financial Corp

Common Name
Truist Financial
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
37,996
Ticker
TFC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Truist Financial Corp is a prominent American bank holding company formed through the merger of BB&T and SunTrust Banks. With a focus on delivering a comprehensive range of financial services, Truist ...

Truist Financial Energy Data Preview

In 2023, Truist Financial disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Truist Financial disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Truist Financial also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Truist Financial's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Truist Financial’s Energy Management Data

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a. Truist Financial's TCFD Report 2023
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Insights into Truist Financial's Energy Consumption & Production Mix

In 2023, Truist Financial disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Truist Financial's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Truist Financial's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(88.0%)Natural Gas(7.3%)

What are the main sources and generation technologies behind Truist Financial's energy consumption?

In 2023, Truist Financial's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (87.99%)
  • Natural Gas (7.25%)
  • Other Fuel (4.76%)

How diverse is Truist Financial’s energy consumption mix?

In 2023, Truist Financial consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 87.99% of total consumption. a

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