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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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Location-Based | 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 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
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
In 2024, Zions Bancorporation reported Scope 2 greenhouse gas (GHG) emissions of 16,871 tCOâ‚‚e using the location-based method.a
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
In 2024, Zions Bancorporation reported its Scope 2 emissions using the location-based method.a
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
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
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.
In 2024, the largest contributors to Zions Bancorporation's Scope 3 emissions were:a
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
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
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
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