First Bank Minnesota, NA Sustainability Profile
First Bank Minnesota, NA, headquartered in the United States, is a prominent player in the banking industry, primarily serving the Midwest region. Established in 1887, the bank has a rich history marked by significant milestones, including its commitment to community banking and customer-centric services. Specialising in a range of financial products, First Bank Minnesota offers personal and business banking solutions, including loans, mortgages, and investment services. What sets them apart is their focus on personalised service and local expertise, ensuring clients receive tailored financial advice. With a strong market position, First Bank Minnesota has garnered a reputation for reliability and community involvement, making it a trusted choice for individuals and businesses alike. Their dedication to fostering long-term relationships has solidified their status as a key financial institution in the region.
DitchCarbon Score
How does First Bank Minnesota, NA'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 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 Bank Minnesota, NA's score of 11 is lower than 100% 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 Bank Minnesota, NA currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that First Bank Minnesota, NA is part of a corporate family that includes U.S. Bancorp. Emissions data and climate initiatives may be influenced by this relationship, as emissions data is cascaded from U.S. Bancorp, which operates at a higher corporate level. Specifically, the emissions performance data is inherited from U.S. Bank National Association, which is at cascade level 2. As a merged entity, First Bank Minnesota, NA may align its climate strategies with those of its parent organisation, U.S. Bancorp, which is known for its commitment to sustainability and climate action. While specific targets and achievements are not available for First Bank Minnesota, NA, the overarching corporate family may have established initiatives that could impact its environmental performance in the future.
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| 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 60,412,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 354,799,000 | - | - | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 114,415,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is First Bank Minnesota, NA's Industry?
How Carbon Intensive is First Bank Minnesota, NA's Location?
First Bank Minnesota, NA's Scope 3 Categories Breakdown
First Bank Minnesota, NA's Scope 3 emissions, which increased by 163% last year and increased by approximately 21% since 2014, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 41% of Scope 3 emissions.
Top Scope 3 Categories
First Bank Minnesota, NA'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 Bank Minnesota, NA 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.
