In 2024, 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.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumption | 1,507,360a | 1,605,726a | 1,836,871a | |
Non-Renewable Energy Consumption | 1,507,360a | 1,605,726a | 1,836,871a | |
Renewable Energy Consumption | 0a | N/A | N/A |
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In 2024, Truist Financial consumed a total of 1.51 million Gigajoules of energy across its operations. Of this total, 0% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 100% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Truist Financial consumed a total of 1.51 million Gigajoules of energy, of which 0% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Truist Financial has considerable room to improve its energy sustainability strategy.
Since 2019, Truist Financial's total energy consumption decreased by 35.41%, including a further 6.13% drop in 2024, highlighting a continued decline in energy use.a