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.
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.
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 Bank & Trust Company's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First-Citizens Bank & Trust Company, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank is identified as a current subsidiary and does not inherit emissions data from a parent organisation. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science Based Targets Initiative (SBTi) or other climate pledges. This lack of specific data suggests that First-Citizens Bank & Trust Company may still be in the early stages of formalising its climate strategy and emissions reporting. As the financial sector increasingly prioritises sustainability, First-Citizens Bank & Trust Company will likely need to develop and disclose its carbon emissions data and reduction targets to align with industry standards and stakeholder expectations.
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.