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 2023, 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)2023202220212020 - 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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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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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 Corporate Responsibility Report (CRR) 2023
a. Zions Bancorporation's Corporate Responsibility Report (CRR) 2023

Insights into Zions Bancorporation's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Zions Bancorporation amounted to 17,795 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

Zions Bancorporation's Scope 1 Emissions Over Time

202304509001.35 k1.8 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Zions Bancorporation's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Zions Bancorporation were 1,689 metric tons of CO₂ equivalent (tCO₂e). a

What are Zions Bancorporation's Scope 2 emissions?

In 2023, Zions Bancorporation reported Scope 2 greenhouse gas (GHG) emissions of 16,106 tCO₂e using the location-based method. a

What methodology does Zions Bancorporation use for Scope 2 reporting?

In 2023, Zions Bancorporation reported its Scope 2 emissions using the location-based method. a

Zions Bancorporation's Scope 2 Emissions Over Time

202304.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based

Insights into Zions Bancorporation's Value Chain Emissions

In 2023, Zions Bancorporation reported 3,510 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Zions Bancorporation includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Zions Bancorporation's Scope 3 Emissions Over Time

202309001.8 k2.7 k3.6 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Zions Bancorporation's Scope 3 emissions?

In 2023, Zions Bancorporation reported total Scope 3 emissions of 3,510 metric tons of CO₂ equivalent (tCO₂e). 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

What categories of Scope 3 emissions does Zions Bancorporation disclose?

In 2023, 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 2023, the largest contributors to Zions Bancorporation's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 3,510 tCO₂e (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 2023, Zions Bancorporation reported Scope 1 greenhouse gas (GHG) emissions of 1,689 tCO₂e and total revenues of USD 3,115 millions. This translates into an emissions intensity of 0.54 tCO₂e per millions USD. a

Zions Bancorporation's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)Columbia Banking SystemYear: 2023Scope 1: 5,573 tCO2eRevenue: $M 1,997Scope 1 Intensity: 2.79 tCO2e/$MHuntington BancsharesYear: 2023Scope 1: 16,331 tCO2eRevenue: $M 7,360Scope 1 Intensity: 2.22 tCO2e/$MM&T BankYear: 2023Scope 1: 17,124 tCO2eRevenue: $M 9,398Scope 1 Intensity: 1.82 tCO2e/$MAssociated Banc-CorpYear: 2023Scope 1: 4,081 tCO2eRevenue: $M 1,097Scope 1 Intensity: 3.72 tCO2e/$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: 2022Scope 1: 38,206 tCO2eRevenue: $M 24,184Scope 1 Intensity: 1.58 tCO2e/$MUnited BanksharesYear: 2022Scope 1: 2,838 tCO2eRevenue: $M 1,040Scope 1 Intensity: 2.73 tCO2e/$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: $M 3,244Scope 1 Intensity: 1.66 tCO2e/$MWintrust FinancialYear: 2024Scope 1: 2,900 tCO2eRevenue: $M 2,451Scope 1 Intensity: 1.18 tCO2e/$MCitizens Financial GroupYear: 2023Scope 1: 8,765 tCO2eRevenue: $M 8,224Scope 1 Intensity: 1.07 tCO2e/$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: 2023Scope 1: 6,027 tCO2eRevenue: $M 7,574Scope 1 Intensity: 0.80 tCO2e/$MFifth Third BancorpYear: 2024Scope 1: 9,449 tCO2eRevenue: $M 8,253Scope 1 Intensity: 1.14 tCO2e/$MPacific Premier BancorpYear: 2023Scope 1: 514 tCO2eRevenue: $M 409Scope 1 Intensity: 1.26 tCO2e/$MFirst Republic BankYear: 2021Scope 1: 3,000 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.60 tCO2e/$MFlagstar FinancialYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MZions BancorporationYear: 2023Scope 1: 1,689 tCO2eRevenue: $M 3,115Scope 1 Intensity: 0.54 tCO2e/$M

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

In 2023, Zions Bancorporation reported a Scope 1 emissions intensity of 0.54 tCO₂e per millions USD. Compared to the peer group median of 1.26 , 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 2023, Zions Bancorporation ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Zions Bancorporation reported a total carbon footprint of 21,305 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. a

The largest contributor to Zions Bancorporation's total carbon footprint was Scope 2 emissions, accounting for 75.6% of the company's total carbon footprint, followed by Scope 3 emissions at 16.48%. a

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