11.1.6 - 305-2,13.1.3 - 305-2,14.1.6 - 305-2,305-2 - Energy indirect (Scope 2) GHG emissions

Energy Indirect (Scope 2) GHG Emissions (metric tons of CO2e)

2024

2023

2022

2021

Emissions in base year

Gross location-based indirect (Scope 2) GHG emissions

3,335.40
3,384.68
3,946.48
4,355.02
No response provided

Gross market-based indirect (Scope 2) GHG emissions

3,363.35
3,593.74
3,959.94
4,371.52
No response provided

Gases used to calculate indirect (Scope 2) GHG emissions:

CO2, CH4, N2O

References

No references provided

Rationale for choosing base year (Scope 2):

No base year for GHG emissions calculations will be determined unless emissions reduction targets are established.

References

No references provided

Context of significant changes in emissions that triggered recalculations of the base year emissions (Scope 2):

No response provided

References

No references provided

Source of emissions factors and the GWP rates used (Scope 2):

Emissions Factors for Location - Based Purchased Electricity: EPA eGRID , Subregion Output Emission Rates, Total output emission rates. 

Emission Factors for Market-Based Purchased Electricity: TCR Utility, EEI, CA Power Content Labels, 2024 Green-e Residual Mix Emissions Rates

GWP Rates: IPCC AR6, 2023; CO2 - 1, CH4 - 29.8, N2O - 273

References

No references provided

Consolidation approach for Direct (Scope 1) and Indirect (Scope 2) GHG emissions:

Operational Control

References

No references provided

Standards, methodologies, assumptions, and/or calculation tools used for Scope 1 and Scope 2 GHG emissions:

Scope 1 and 2 GHG Emissions are calculated in accordance with the World Resources Institute/World Business Council for Sustainable Development Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard, Revised Edition (the Protocol). Emissions are calculated using an internal calculator which converts stationary and mobile utility consumption into greenhouse gas emissions. Utility consumption is based on invoices from utility providers when the Bank has access to invoices. At locations where the Bank does not have access to utility invoices, consumption is estimated based on building area. Third Party Limited Assurance has been obtained on Scope 1, 2, and 3 emissions calculations.

References

No references provided

Comments

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References