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 71% 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 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.
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 Citizens 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.
