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Public Profile
Financial Intermediation
US
updated 2 months ago

First-Citizens Bank & Trust Company Sustainability Profile

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.

32

Industry Benchmark

First-Citizens Bank & Trust Company'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.

29%

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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 have available carbon emissions data for the most recent year. As a result, specific figures regarding their total emissions, including Scope 1, 2, and 3, are not provided. The bank has not outlined any documented reduction targets or commitments to climate initiatives, such as those from the Science Based Targets initiative (SBTi). Furthermore, there are no climate pledges or significant reduction initiatives reported at this time. It is important to note that First-Citizens Bank & Trust Company is a current subsidiary and may inherit emissions data from its corporate family, but no specific data or initiatives have been disclosed from the parent organization. As such, the bank's current climate commitments and emissions performance remain unclear within the available information.

How Carbon Intensive is First-Citizens Bank & Trust Company's Industry?

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, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is First-Citizens Bank & Trust Company's Location?

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.

First-Citizens Bank & Trust Company'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 Bank & Trust Company 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.

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

Compare First-Citizens Bank & Trust Company's Emissions with Industry Peers

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Updated 9 days ago

JPMorgan Chase Bank, National Association

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

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Where does DitchCarbon data come from?

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