First Citizens Bancshares, Inc. Sustainability Profile
First Citizens Bancshares, Inc., often referred to as First Citizens Bank, is a prominent financial institution headquartered in the United States. Established in 1898, the bank has grown significantly, expanding its operations across various regions, including the Southeast and West Coast. Operating within the banking and financial services industry, First Citizens offers a diverse range of products, including personal and business banking, mortgages, and wealth management services. What sets First Citizens apart is its commitment to personalised customer service and innovative financial solutions tailored to meet the unique needs of its clients. With a strong market position, First Citizens Bancshares has achieved notable milestones, including strategic acquisitions that have bolstered its presence in the competitive banking landscape. The bank continues to be recognised for its stability and customer-centric approach, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does First Citizens Bancshares, Inc.'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 Citizens Bancshares, Inc.'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.
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First Citizens Bancshares, Inc.'s reported carbon emissions
First Citizens Bancshares, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As of now, First Citizens Bancshares has not inherited any emissions data from a parent or related organisation, nor does it participate in any recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the context of the banking industry, many institutions are increasingly committing to sustainability and carbon reduction strategies. However, without specific commitments or data, First Citizens Bancshares' current stance on climate action remains unclear.
How Carbon Intensive is First Citizens Bancshares, Inc.'s Industry?
How Carbon Intensive is First Citizens Bancshares, Inc.'s Location?
First Citizens Bancshares, Inc.'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 Citizens Bancshares, Inc. 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.
