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Public Profile
Financial Intermediation
NG
updated 8 hours ago

FCMB Group Plc Sustainability Profile

Company website

FCMB Group Plc, a prominent financial services provider headquartered in Nigeria, has established itself as a key player in the banking and investment sector since its inception in 1982. With a strong presence across major operational regions in Nigeria, the group offers a diverse range of services, including commercial banking, investment banking, and asset management. Renowned for its customer-centric approach, FCMB Group Plc delivers unique financial solutions tailored to meet the needs of individuals and businesses alike. The company has achieved significant milestones, including the expansion of its digital banking services, which enhance accessibility and convenience for its clients. As a result, FCMB Group Plc has solidified its market position, earning recognition for its innovative products and commitment to excellence in the financial industry.

DitchCarbon Score

How does FCMB Group 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.

25

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.

32

Industry Benchmark

FCMB Group 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.

33%

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FCMB Group Plc's reported carbon emissions

FCMB Group Plc, headquartered in Nigeria (NG), currently does not have available carbon emissions data for the most recent year, as indicated by the absence of specific figures. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3. In terms of climate commitments, FCMB Group Plc has not outlined any specific reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi). The company has not made any public climate pledges or commitments to reduce its carbon footprint. As such, FCMB Group Plc's current climate strategy appears to be in the early stages, lacking measurable emissions data and defined reduction goals. This context highlights the importance of developing a robust climate action plan to align with industry standards and expectations.

How Carbon Intensive is FCMB Group Plc's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FCMB Group Plc's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is FCMB Group Plc's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for FCMB Group Plc is in NG, which has a low grid carbon intensity relative to other regions.

FCMB Group 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.

FCMB Group 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare FCMB Group Plc's Emissions with Industry Peers

FBN Holdings Plc

NG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Goldman Sachs

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

Citibank Nigeria Limited

NG
•
Other business services (74)
Updated 2 months ago

Zenith Bank

NG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

Skye Bank Plc

NG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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