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 72% 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 36,802,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions were about 1,015,000 kg CO2e, while Scope 2 emissions totalled approximately 19,830,000 kg CO2e. Additionally, Scope 3 emissions accounted for around 15,957,000 kg CO2e, which includes significant contributions from employee commuting and business travel. In previous years, emissions varied significantly. For instance, in 2022, the company recorded total emissions of about 25,686,000 kg CO2e, with Scope 1 emissions at approximately 3,808,000 kg CO2e and Scope 2 emissions at around 21,793,000 kg CO2e. The data indicates a notable increase in emissions from 2022 to 2023. Despite these figures, First American Financial has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As the company continues to operate in a climate-conscious environment, establishing clear reduction goals could be beneficial for aligning with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 432,000 | 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 |
Scope 3 | 83,000 | - | 00,000,000 | 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 committed to some reduction initiatives 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.