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OrganisationsFirst American Financial
First American Financial logo

First American Financial

Services Auxiliary to Financial IntermediationUnited StatesNYSE: FAF
Last verified 5 months agofirstam.com

First American Financial Corporation, commonly known as First American, is a leading provider of services auxiliary to financial intermediation, headquartered in the United States. Established in 1889, the company has built a strong reputation in the title insurance and settlement services industry, serving clients across major operational regions including California, Texas, and Florida.

With a focus on title insurance, escrow services, and property data solutions, First American distinguishes itself through innovative technology and comprehensive customer support. The company has achieved significant milestones, including a robust market position as one of the largest title insurance companies in the nation. First American's commitment to excellence and industry expertise has solidified its status as a trusted partner in real estate transactions, making it a key player in the financial services sector.

26
DitchCarbon score

-10 vs industry average

First American Financial’s score of 26 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2026

00.0M00.0M00.0M00.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

First American Financial's reported carbon emissions

First American Financial, a services auxiliary to financial intermediation company based in the US, reported a total of approximately 20.8 million kg CO2e for Scope 1 and 2 emissions in 2023. Their Scope 1 emissions for the same year were approximately 1.0 million kg CO2e, primarily from mobile combustion. Scope 2 emissions for 2023 amounted to approximately 19.8 million kg CO2e, calculated on a location-based approach, with purchased electricity being a significant contributor. In 2023, Scope 3 emissions totalled approximately 16.0 million kg CO2e, comprising business travel (about 1.6 million kg CO2e), employee commute (about 12.1 million kg CO2e), downstream leased assets (about 0.4 million kg CO2e), and waste generated in operations (about 0.9 million kg CO2e). Looking at previous years, First American Financial's total reported emissions (Scope 1+2+3) in 2023 were approximately 36.8 million kg CO2e. In 2022, their total emissions were approximately 22.9 million kg CO2e for Scope 1 and 2, with Scope 3 emissions including business travel (about 1.2 million kg CO2e), employee commute (about 12.8 million kg CO2e), and waste generated in operations (about 0.1 million kg CO2e). In 2021, Scope 1 and 2 emissions were approximately 39.8 million kg CO2e, with Scope 3 covering business travel (about 1.3 million kg CO2e), employee commute (about 9.4 million kg CO2e), and waste generated in operations (about 0.1 million kg CO2e). For 2020, Scope 1 emissions were about 1.3 million kg CO2e, Scope 2 about 3.1 million kg CO2e, and Scope 3 emissions included business travel (about 1.1 million kg CO2e), employee commute (about 11.1 million kg CO2e), and waste generated in operations (about 0.1 million kg CO2e). In 2019, Scope 1 and 2 emissions totalled approximately 5.1 million kg CO2e. For 2018, Scope 1 emissions were about 0.4 million kg CO2e, Scope 2 about 3.7 million kg CO2e, and Scope 3 about 0.1 million kg CO2e. First American Financial has not disclosed specific reduction targets or joined initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge, based on the provided information. The company's sustainability reports are available, indicating a commitment to transparency regarding their environmental performance.

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First American Financial’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for First American Financial yet.

Scope 3 top emissions categories

4 of 15 categories disclosed
Employee Commuting81%
Business Travel10%
Waste Generated in Operations6%
Downstream Leased Assets3%
Employee Commuting81%
Business Travel10%
Waste Generated in Operations6%
Downstream Leased Assets3%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
First American Financial logoFirst American Financial
USServices Auxiliary to Financial Intermediation
5 months ago
26
X
XL Group Ltd
BMInsurance Services
5 days ago
97
View
Assurant logoAssurant
USInsurance Services
10 days ago
79
View
Chubb Corporation logoChubb Corporation
USInsurance Services
27 days ago
48
View
Genworth Financial logoGenworth Financial
USInsurance Services
27 days ago
47
View
Aspen Insurance Group logoAspen Insurance Group
BMFinancial Intermediation
26 days ago
43
View
Axis Capital logoAxis Capital
USFinancial Intermediation
25 days ago
39
View

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Ditchcarbonv260629.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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