First-Citizens Bank & Trust Company Sustainability Profile
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.
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 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.
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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 publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The organisation is classified as a current subsidiary and inherits its climate-related data from its parent company, First-Citizens Bank & Trust Company, but no specific emissions figures or commitments have been disclosed. As a current subsidiary, First-Citizens Bank & Trust Company does not have its own distinct climate commitments or reduction initiatives listed, and there are no details regarding any Science-Based Targets Initiative (SBTi) commitments or other climate pledges. The absence of specific emissions data and reduction targets suggests that the company may still be in the process of developing its climate strategy or reporting framework. In the context of the banking industry, many institutions are increasingly focusing on sustainability and carbon reduction, but First-Citizens Bank & Trust Company has yet to publicly align with these trends through measurable commitments or emissions reporting.
How Carbon Intensive is First-Citizens Bank & Trust Company's Industry?
How Carbon Intensive is First-Citizens Bank & Trust Company's Location?
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.
