First American Financial
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.
-10 vs industry average
First American Financial’s score of 27 is lower than 38% 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
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
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 36.8 million kg CO2e in 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2023, the company's Scope 1 emissions were about 1.0 million kg CO2e, primarily from mobile combustion. Scope 2 emissions, relating to purchased electricity, totalled approximately 19.8 million kg CO2e on a location-based basis. Scope 3 emissions for the same year included about 1.6 million kg CO2e from business travel, 12.1 million kg CO2e from employee commutes, and 0.4 million kg CO2e from downstream leased assets. Waste generated in operations contributed approximately 0.9 million kg CO2e.
Prior to this, in 2022, First American Financial reported Scope 1 emissions of about 1.1 million kg CO2e and Scope 2 emissions of approximately 21.8 million kg CO2e. Scope 3 emissions in 2022 included around 1.2 million kg CO2e for business travel and 12.8 million kg CO2e for employee commutes, with waste generation at approximately 0.1 million kg CO2e.
For 2021, Scope 1 emissions were approximately 2.0 million kg CO2e, and Scope 2 emissions totalled about 14.1 million kg CO2e (location-based). Scope 3 emissions in 2021 consisted of roughly 1.3 million kg CO2e from business travel, 9.4 million kg CO2e from employee commutes, and 0.1 million kg CO2e from waste.
In 2020, Scope 1 emissions were about 1.3 million kg CO2e, and Scope 2 emissions were approximately 3.1 million kg CO2e. Scope 3 emissions for 2020 included about 1.1 million kg CO2e for business travel, 11.1 million kg CO2e for employee commutes, and 0.07 million kg CO2e for waste.
Looking further back, in 2019, Scope 1 emissions were approximately 1.7 million kg CO2e, and Scope 2 emissions totalled about 3.4 million kg CO2e. In 2018, the company reported Scope 1 emissions of about 0.4 million kg CO2e, Scope 2 emissions of approximately 3.7 million kg CO2e, and Scope 3 emissions of around 0.08 million kg CO2e.
First American Financial has not publicly disclosed specific reduction targets or participation in initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. The company's reporting indicates that data is not cascaded from a parent organisation.
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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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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First American Financial
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