First Bank of Nigeria Limited Sustainability Profile
First Bank of Nigeria Limited, often referred to as FirstBank, is a leading financial institution headquartered in Lagos, Nigeria. Established in 1894, it has grown to become one of the oldest and most respected banks in the country, with a significant presence across West Africa. Operating primarily in the banking and financial services industry, FirstBank offers a diverse range of products, including personal and corporate banking, investment services, and digital banking solutions. Its commitment to innovation and customer service sets it apart in a competitive market. With a strong market position, FirstBank has received numerous accolades for its contributions to the financial sector, reinforcing its reputation as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does First Bank of Nigeria Limited'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 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.
Industry Benchmark
First Bank of Nigeria Limited's score of 25 is lower than 67% 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 of Nigeria Limited's reported carbon emissions
First Bank of Nigeria Limited currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The bank is a current subsidiary of First HoldCo Plc, which may influence its climate-related initiatives and reporting. In terms of climate commitments, First Bank of Nigeria Limited has not outlined any specific reduction targets or initiatives. There are no documented science-based targets (SBTi) or other reduction initiatives available in the provided data. This lack of information suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As a financial institution, First Bank of Nigeria Limited operates within an industry that is increasingly focusing on sustainability and carbon reduction. However, without specific emissions data or reduction commitments, it is challenging to assess the bank's current environmental impact or future climate goals.
How Carbon Intensive is First Bank of Nigeria Limited's Industry?
How Carbon Intensive is First Bank of Nigeria Limited's Location?
First Bank of Nigeria Limited'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 of Nigeria Limited 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.
