First Citizens Bank, a prominent financial institution headquartered in the United States, has been serving customers since its founding in 1898. With a strong presence across the Southeast and West regions, the bank operates in the competitive banking industry, offering a diverse range of services including personal banking, commercial lending, and wealth management. Renowned for its commitment to customer service and innovative financial solutions, First Citizens distinguishes itself through its personalised approach and robust digital banking capabilities. Over the years, the bank has achieved significant milestones, including strategic acquisitions that have expanded its footprint and enhanced its market position. Today, First Citizens Bank stands as a trusted partner for individuals and businesses alike, recognised for its stability and dedication to community engagement.
How does First Citizens'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 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 Citizens's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First Citizens, headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions data, it is challenging to provide a detailed overview of their carbon footprint or climate commitments. However, the absence of reported figures suggests that the company may still be in the process of developing its sustainability strategy or may not have disclosed its emissions publicly. In the context of the financial services industry, many institutions are increasingly recognising the importance of addressing climate change and are setting ambitious targets to reduce their carbon emissions. It is essential for companies like First Citizens to establish clear climate commitments and reduction initiatives to align with global sustainability goals.
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 Citizens is not committed to any 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.