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.
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.
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.
First American Financial's score of 32 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This marked a slight decrease from 2022, where total emissions were about 22,912,000 kg CO2e, with Scope 1 at 1,119,000 kg CO2e and Scope 2 at 21,793,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2023, which limits the understanding of its full carbon footprint. Notably, First American Financial has not set specific reduction targets or initiatives, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets or documented climate pledges. The emissions data is sourced directly from First American Financial Corporation, with no cascading from a parent or related organization. As the company continues to assess its climate impact, further commitments and strategies may be developed to enhance its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - |
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.