First Bank of Nigeria Limited
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 22 is lower than 81% 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, such as those associated with the Science Based Targets initiative (SBTi). The lack of documented reduction targets suggests that the bank is still in the early stages of formalising its climate strategy. As a subsidiary, First Bank of Nigeria Limited may benefit from broader corporate sustainability efforts initiated by its parent company, First HoldCo Plc. However, without specific emissions data or reduction commitments, it is challenging to assess the bank's overall impact on carbon emissions or its progress towards climate goals. In summary, First Bank of Nigeria Limited is currently without specific emissions data or defined climate commitments, reflecting a potential area for future development in its sustainability strategy.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Bank of Nigeria Limited is not participating in any of the initiatives that 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.
