First American Title Insurance Company Sustainability Profile
First American Title Insurance Company, commonly referred to as First American, is a leading provider of title insurance and settlement services, headquartered in South Korea (KR). Established in 1889, the company has built a strong reputation in the real estate industry, offering comprehensive solutions across major operational regions, including Asia and North America. With a focus on title insurance, escrow services, and property data solutions, First American distinguishes itself through innovative technology and a commitment to customer service. The company has achieved significant milestones, including numerous awards for excellence in service delivery and operational efficiency. As a prominent player in the title insurance sector, First American continues to uphold its legacy of reliability and trust, making it a preferred choice for real estate professionals and homeowners alike.
DitchCarbon Score
How does First American Title Insurance Company'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.
Industry Average
Mean score of companies in the Insurance Services 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.
Industry Benchmark
First American Title Insurance Company's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First American Title Insurance Company, headquartered in South Korea (KR), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of First American Financial Corporation, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from First American Title Insurance Company. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. It is important to note that emissions data and climate commitments may be inherited from its parent company, First American Financial Corporation. This cascading relationship indicates that any future climate initiatives or emissions reporting may align with the broader goals set by the parent organisation. In summary, while First American Title Insurance Company currently lacks specific emissions data and reduction targets, its affiliation with First American Financial Corporation may provide a framework for future climate action and reporting.
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| 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 | - | - |
How Carbon Intensive is First American Title Insurance Company's Industry?
How Carbon Intensive is First American Title Insurance Company's Location?
First American Title Insurance Company's Scope 3 Categories Breakdown
First American Title Insurance Company's Scope 3 emissions, which decreased by 11% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 87% of Scope 3 emissions.
Top Scope 3 Categories
First American Title Insurance Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
First American Title Insurance Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
