FBN Holdings Plc Sustainability Profile
FBN Holdings Plc, a prominent player in Nigeria's financial services sector, is headquartered in Lagos, Nigeria (NG). Established in 1894, the company has evolved significantly, marking key milestones in its journey, including the expansion of its banking and non-banking services. FBN Holdings operates primarily in the banking, insurance, and investment sectors, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. The company is renowned for its flagship product, First Bank of Nigeria, which stands out for its extensive network and customer-centric approach. With a strong market position, FBN Holdings has consistently been recognised for its innovative solutions and commitment to financial inclusion, making it a trusted name in the industry.
DitchCarbon Score
How does FBN Holdings Plc'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 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
FBN Holdings Plc's score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
FBN Holdings Plc's reported carbon emissions
FBN Holdings Plc, headquartered in Nigeria (NG), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, FBN Holdings Plc does not inherit emissions data from any parent or related organizations, such as First HoldCo Plc, which is noted as a source for CDP performance data. This lack of reported emissions and commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the financial services industry, it is increasingly important for companies to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific data or initiatives, FBN Holdings Plc may face challenges in demonstrating its commitment to addressing climate change and reducing its carbon footprint.
How Carbon Intensive is FBN Holdings Plc's Industry?
How Carbon Intensive is FBN Holdings Plc's Location?
FBN Holdings Plc's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
FBN Holdings Plc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
