First American Financial
First American Financial Corporation, commonly known as First American, is a leading provider of title insurance and settlement services, headquartered in the United States. Founded in 1889, the company has established a strong presence across major operational regions, including California, Texas, and Florida. With a focus on real estate transactions, First American offers a comprehensive range of products and services, including title insurance, escrow services, and property data solutions. What sets them apart is their commitment to innovation and customer service, ensuring seamless transactions for buyers and sellers alike. As a prominent player in the title insurance industry, First American has achieved significant milestones, including being listed on the Fortune 500. Their dedication to quality and reliability has solidified their market position, making them a trusted partner in real estate transactions nationwide.
DitchCarbon Score
How does First American Financial's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
First American Financial's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First American Financial's reported carbon emissions
In 2023, First American Financial reported total carbon emissions of approximately 36,802,000 kg CO2e. This figure includes Scope 1 emissions of about 1,015,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 19,830,000 kg CO2e, based on location. Additionally, Scope 3 emissions accounted for around 15,957,000 kg CO2e, with significant contributions from employee commuting (about 12,123,000 kg CO2e) and business travel (approximately 1,567,000 kg CO2e). Comparatively, in 2022, the company recorded total emissions of about 35,000,000 kg CO2e, indicating a slight increase in emissions year-on-year. The breakdown for 2022 included Scope 1 emissions of approximately 1,119,000 kg CO2e and Scope 2 emissions of about 21,793,000 kg CO2e, with Scope 3 emissions at around 14,000,000 kg CO2e. First American Financial has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company is actively engaged in sustainability practices, as evidenced by its comprehensive emissions reporting and commitment to transparency in its environmental impact. The emissions data is not cascaded from any parent organization, and all figures are directly reported by First American Financial Corporation. The company continues to monitor and report its carbon footprint, aligning with industry standards for climate accountability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 432,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,737,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 83,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First American Financial is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
