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Financial Intermediation
US
updated 19 hours ago

First-Citizens Bank & Trust Company

Company website

First-Citizens Bank & Trust Company, often referred to as First-Citizens, is a prominent financial institution headquartered in the United States. Established in 1898, the bank has a rich history of serving communities across various regions, with a strong presence in the Southeast and West Coast. Operating within the banking and financial services industry, First-Citizens offers a comprehensive range of products, including personal and business banking, wealth management, and mortgage services. What sets First-Citizens apart is its commitment to personalised customer service and innovative financial solutions tailored to meet diverse client needs. With a solid market position, First-Citizens has achieved significant milestones, including strategic acquisitions that have expanded its footprint and enhanced its service offerings. 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 Bank & Trust Company'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.

28

Industry Benchmark

First-Citizens Bank & Trust Company's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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First-Citizens Bank & Trust Company's reported carbon emissions

First-Citizens Bank & Trust Company, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that First-Citizens Bank & Trust Company is a current subsidiary and may inherit emissions data and climate initiatives from its parent organisation. However, no specific data or initiatives have been provided from the parent company or any other sources. As a financial institution, First-Citizens Bank & Trust Company operates within an industry that is increasingly focusing on sustainability and climate commitments. While the bank has not yet disclosed its own emissions or reduction strategies, it is positioned within a sector that is under pressure to adopt more robust climate action plans.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First-Citizens Bank & Trust Company'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 Bank & Trust Company 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 Bank & Trust Company 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

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