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Public Profile
Financial Intermediation
US
updated 2 months ago

First Citizens

Company website

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.

DitchCarbon Score

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.

23

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.

30

Industry Benchmark

First Citizens's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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First Citizens's reported carbon emissions

First Citizens, headquartered in the US, currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the organisation has not established documented reduction targets or commitments under frameworks such as the Science Based Targets initiative (SBTi) or other climate pledges. As a result, First Citizens' climate commitments and initiatives remain unspecified, indicating a potential area for development in their sustainability strategy. Without emissions data or reduction targets, it is challenging to assess their environmental impact or progress in addressing climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Citizens's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for First Citizens is in US, which has a low grid carbon intensity relative to other regions.

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 Citizens 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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