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Financial Intermediation
NG
updated a month ago

FCMB Group Plc

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.

16

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.

27

Industry Benchmark

FCMB Group Plc's score of 16 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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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. Additionally, FCMB Group Plc has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of data suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy. As the financial services sector increasingly prioritises sustainability, FCMB Group Plc's future climate commitments and initiatives will be crucial for aligning with industry standards and addressing climate change effectively.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FCMB Group Plc's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

FCMB Group Plc 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.

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

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Where does DitchCarbon data come from?

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