Webster Financial Corp
Webster Financial's GHG Emissions Data Preview
In 2024, Webster 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, Webster Financial has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  | 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. | 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. | 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. | 0000000 |
Verified Sources Behind Webster Financial’s Greenhouse Gas (GHG) Emissions Data
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Insights into Webster Financial's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Webster Financial amounted to 12,174.42 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 2023, the total operational greenhouse gas (GHG) emissions of Webster Financial decreased by 11.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Webster Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Webster Financial's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Webster Financial were 3,846.19 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2023), Webster Financial's Scope 1 emissions increased by 9.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Webster Financial's Scope 2 emissions?
In 2024, Webster Financial reported Scope 2 greenhouse gas (GHG) emissions of 7,089.95 tCO₂e using the market-based method and 8,328.23 tCO₂e using the location-based method. a
Has Webster Financial reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Webster Financial's Scope 2 emissions (Location-Based) fell by 19.07% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Webster Financial use for Scope 2 reporting?
In 2024, Webster Financial reported its Scope 2 emissions using the market-based method and using the location-based method. a
Webster Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Webster Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Webster Financial reported Scope 1 greenhouse gas (GHG) emissions of 3,846.19 tCO₂e and total revenues of USD 2,579 millions. This translates into an emissions intensity of 1.49 tCO₂e per millions USD. a
Webster Financial's Scope 1 Emissions Intensity Compared to Peers
How does Webster Financial's GHG emissions intensity compare to its peers?
In 2024, Webster Financial reported a Scope 1 emissions intensity of 1.49 tCO₂e per millions USD. Compared to the peer group median of 1.2 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Webster Financial rank on GHG emissions intensity within its industry?
In 2024, Webster Financial ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Webster Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a