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First American Financial
Services Auxiliary to Financial IntermediationUnited StatesNYSE: FAF
Last verified 1 month 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.
27
DitchCarbon score
-10 vs industry average
First American Financial’s score of 27 is lower than 39% 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
0.096
20182025
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
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 did not disclose emissions data for 2024. For 2023, First American Financial reported total emissions of approximately 36,802,000 kg CO2e. This included Scope 1 emissions of 1,015,000 kg CO2e, primarily from mobile combustion; Scope 2 emissions of 19,830,000 kg CO2e, attributed to purchased electricity (location-based); and Scope 3 emissions of 15,670,000 kg CO2e, encompassing business travel (1,567,000 kg CO2e), employee commutes (12,123,000 kg CO2e), downstream leased assets (404,000 kg CO2e), and waste generated in operations (929,000 kg CO2e).
In 2022, the company's Scope 1 emissions were 1,119,000 kg CO2e from mobile combustion, Scope 2 emissions were 21,793,000 kg CO2e from purchased electricity (location-based), and Scope 3 emissions included 1,241,000 kg CO2e from business travel, 12,750,000 kg CO2e from employee commutes, and 121,000 kg CO2e from waste generated in operations.
For 2021, First American Financial's Scope 1 emissions from mobile combustion were 2,010,000 kg CO2e, and Scope 2 emissions from purchased electricity (location-based) were 14,091,000 kg CO2e. Scope 3 emissions in 2021 included 1,323,000 kg CO2e from business travel, 9,392,000 kg CO2e from employee commutes, and 116,000 kg CO2e from waste generated in operations.
In 2020, Scope 1 emissions totalled 1,269,000 kg CO2e, and Scope 2 emissions were 3,100,000 kg CO2e (location-based). Scope 3 emissions included 1,054,000 kg CO2e from business travel, 11,102,000 kg CO2e from employee commutes, and 66,000 kg CO2e from waste generated in operations.
For 2019, the company reported Scope 1 emissions of 1,704,000 kg CO2e and Scope 2 emissions of 3,381,000 kg CO2e. In 2018, First American Financial disclosed Scope 1 emissions of 432,000 kg CO2e, Scope 2 emissions of 3,737,000 kg CO2e, and Scope 3 emissions of 83,000 kg CO2e.
First American Financial has not set any specific reduction targets or made commitments through initiatives like the Science Based Targets initiative (SBTi) or The Climate Pledge.
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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 disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
First American Financial1 month ago
27
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