ESG Report

Overview

The report covers the first full year of the combined Columbia Banking System and Umpqua organization following their merger. The company highlights an $8.1 billion five-year Community Benefits Agreement supporting homeownership, small businesses and community development. It also reports a 12% reduction in Scope 1 and 2 emissions since 2019, alongside substantial associate volunteering and community giving.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 1 June 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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