Columbia Banking System Inc 2023 SR
The report details Umpqua Bank's sustainability performance for 2023, following the merger of Columbia Banking System and Umpqua Holdings. Key highlights include a $8.1 billion five-year commitment under a Community Benefits Agreement to support underserved communities and a 12% reduction in Scope 1 and 2 emissions since 2019. The company introduced its first TCFD-aligned disclosure and launched a supplier diversity program. Associate engagement was high, with over 31,000 volunteer hours logged and a record $365,000 raised for homeless shelters. The bank also focused on financial inclusion through Bank On-certified accounts and affordable housing financing.
Company: Columbia Banking System Inc
Sector: Financials
Country: United States
Year: 2023
Type: SR
Pages: 40
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Columbia Banking System Inc
ESG Report
The report details Umpqua Bank's sustainability performance for 2023, following the merger of Columbia Banking System and Umpqua Holdings. Key highlights include a $8.1 billion five-year commitment under a Community Benefits Agreement to support underserved communities and a 12% reduction in Scope 1 and 2 emissions since 2019. The company introduced its first TCFD-aligned disclosure and launched a supplier diversity program. Associate engagement was high, with over 31,000 volunteer hours logged and a record $365,000 raised for homeless shelters. The bank also focused on financial inclusion through Bank On-certified accounts and affordable housing financing.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jun 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees