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Zions Bancorporation NA

Common Name
Zions Bancorporation
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
9,440
Ticker
ZION
Exchange
NASDAQ/NGS
Description
Zions Bancorporation, National Association is a prominent American regional bank holding company that provides a wide array of financial services. Primarily focused on delivering community banking, it...

Zions Bancorporation's GHG Emissions Data Preview

In 2024, Zions Bancorporation 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Zions Bancorporation has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Location-Based
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a
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b
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0000000
Total Scope 3
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a
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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0000000
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Verified Sources Behind Zions Bancorporation’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Zions Bancorporation’s data sources below and access millions more through our Disclosure Search.

a. Zions Bancorporation's TCFD Report 2024
a. Zions Bancorporation's TCFD Report 2024
b. Zions Bancorporation's Corporate Responsibility Report (CRR) 2023
b. Zions Bancorporation's Corporate Responsibility Report (CRR) 2023

Insights into Zions Bancorporation's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofZions Bancorporation amounted to19,716metric 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 Zions Bancorporationincreased by 10.8%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Zions Bancorporation's Scope 1 Emissions Over Time

2023202407501.5 k2.25 k3 ktCO2e+68%
  • Total Scope 1
  • Year-over-Year Change

What are Zions Bancorporation's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zions Bancorporation were 2,845 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Zions Bancorporation's Scope 1 emissions increased by 68.44%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Zions Bancorporation's Scope 2 emissions?

In 2024, Zions Bancorporation reported Scope 2 greenhouse gas (GHG) emissions of 16,871 tCOâ‚‚e using the location-based method.a

Has Zions Bancorporation reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Zions Bancorporation's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Zions Bancorporation's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Zions Bancorporation use for Scope 2 reporting?

In 2024, Zions Bancorporation reported its Scope 2 emissions using the location-based method.a

Zions Bancorporation's Scope 2 Emissions Over Time

2023202404.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based

Insights into Zions Bancorporation's Value Chain Emissions

In 2024, Zions Bancorporation reported 2,828 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Zions Bancorporation includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Zions Bancorporation's Scope 3 Emissions Over Time

2023202409001.8 k2.7 k3.6 ktCO2e-19%
  • Total Scope 3
  • Year-over-Year Change

What are Zions Bancorporation's Scope 3 emissions?

In 2024, Zions Bancorporation reported total Scope 3 emissions of 2,828 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Zions Bancorporation's Scope 3 emissions decreased by 19.43%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Zions Bancorporation disclose?

In 2024, Zions Bancorporation reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Zions Bancorporation's Scope 3 emissions?

In 2024, the largest contributors to Zions Bancorporation's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 2,828 tCOâ‚‚e(100%)

Zions Bancorporation's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Zions Bancorporation’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Zions Bancorporation reported Scope 1 greenhouse gas (GHG) emissions of 2,845 tCOâ‚‚e and total revenues of USD 3,130 millions. This translates into an emissions intensity of 0.91 tCOâ‚‚e per millions USD.a

Zions Bancorporation's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)FColumbia Banking SystemYear: 2024Scope 1: 4,978 tCO2eRevenue: $M 1,929Scope 1 Intensity: 2.58 tCO2e/$MHuntington BancsharesYear: 2024Scope 1: 19,134 tCO2eRevenue: $M 7,385Scope 1 Intensity: 2.59 tCO2e/$MM&T BankYear: 2024Scope 1: 17,889 tCO2eRevenue: $M 9,231Scope 1 Intensity: 1.94 tCO2e/$MAssociated Banc-CorpYear: 2024Scope 1: 3,558 tCO2eRevenue: $M 1,029Scope 1 Intensity: 3.46 tCO2e/$MFirst HorizonYear: 2024Scope 1: 3,710 tCO2eRevenue: $M 3,096Scope 1 Intensity: 1.20 tCO2e/$MSynovus FinancialYear: 2024Scope 1: 3,240 tCO2eRevenue: $M 1,980Scope 1 Intensity: 1.64 tCO2e/$MUS BancorpYear: 2024Scope 1: 34,015 tCO2eRevenue: $M 27,334Scope 1 Intensity: 1.24 tCO2e/$MUnited BanksharesYear: 2023Scope 1: 1,959 tCO2eRevenue: $M 1,047Scope 1 Intensity: 1.87 tCO2e/$MBancorpYear: 2023Scope 1: 304 tCO2eRevenue: $M 466Scope 1 Intensity: 0.65 tCO2e/$MKeyCorpYear: 2024Scope 1: 9,236 tCO2eRevenue: $M 4,393Scope 1 Intensity: 2.10 tCO2e/$MComericaYear: 2024Scope 1: 5,391 tCO2eRevenue: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MFFFirst Financial BancorpYear: 2024Scope 1: 1,812 tCO2eRevenue: $M 836Scope 1 Intensity: 2.17 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MCitizens Financial GroupYear: 2024Scope 1: 9,552 tCO2eRevenue: $M 7,794Scope 1 Intensity: 1.23 tCO2e/$MTruist FinancialYear: 2024Scope 1: 13,382 tCO2eRevenue: $M 13,278Scope 1 Intensity: 1.01 tCO2e/$MAmalgamated FinancialYear: 2023Scope 1: 72 tCO2eRevenue: $M 286Scope 1 Intensity: 0.25 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MRegions FinancialYear: 2024Scope 1: 6,004 tCO2eRevenue: $M 7,083Scope 1 Intensity: 0.85 tCO2e/$MFifth Third BancorpYear: 2024Scope 1: 9,449 tCO2eRevenue: $M 8,253Scope 1 Intensity: 1.14 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MBannerYear: 2024Scope 1: 1,190 tCO2eRevenue: $M 603Scope 1 Intensity: 1.97 tCO2e/$MFirst Republic BankYear: 2021Scope 1: 3,000 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.60 tCO2e/$MFlagstar BankYear: 2024Scope 1: 3,767 tCO2eRevenue: $M 2,584Scope 1 Intensity: 1.46 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$M

How does Zions Bancorporation's GHG emissions intensity compare to its peers?

In 2024, Zions Bancorporation reported a Scope 1 emissions intensity of 0.91 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.36, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Zions Bancorporation rank on GHG emissions intensity within its industry?

In 2024, Zions Bancorporation ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Zions Bancorporation among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Zions Bancorporation's Total Carbon Footprint

In 2024, Zions Bancorporation reported a total carbon footprint of 22,544 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.82% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Zions Bancorporation's total carbon footprint was Scope 2 emissions, accounting for 74.84% of the company's total carbon footprint, followed by Scope 1 emissions at 12.62%.a

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