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 32 is higher than 54% 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 20,845,000 kg CO2e, comprising 1,015,000 kg CO2e from Scope 1 and 19,830,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were about 22,912,000 kg CO2e, with Scope 1 emissions at 1,119,000 kg CO2e and Scope 2 emissions at 21,793,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Despite these figures, First American Financial has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The company’s emissions data is not cascaded from a parent organisation, indicating that all reported figures are directly from First American Financial Corporation. Overall, while First American Financial has made strides in reducing its emissions, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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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 | - | - |
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.
