First City Monument Bank Limited
First City Monument Bank Limited (FCMB) is a prominent financial institution headquartered in Nigeria, with a strong presence across major operational regions in the country. Established in 1982, FCMB has evolved into a key player in the banking industry, offering a diverse range of services including retail banking, corporate banking, and investment solutions. The bank is renowned for its innovative products, such as its digital banking platform, which enhances customer experience and accessibility. FCMB's commitment to customer satisfaction and financial inclusion has positioned it as a trusted choice for individuals and businesses alike. With a focus on sustainable growth, FCMB continues to achieve notable milestones, reinforcing its reputation as a leading bank in Nigeria's competitive financial landscape.
DitchCarbon Score
How does First City Monument Bank Limited'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 City Monument Bank Limited's score of 22 is lower than 80% 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 City Monument Bank Limited's reported carbon emissions
First City Monument Bank Limited (FCMB) currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of FCMB Group Plc, which may influence its climate commitments and reporting practices. As of now, FCMB has not established any documented reduction targets or initiatives related to carbon emissions. This includes the absence of Science-Based Targets Initiative (SBTi) commitments or any climate pledges. The lack of specific emissions data and reduction initiatives suggests that FCMB is still in the early stages of developing a comprehensive climate strategy. Given the current industry context, it is essential for financial institutions like FCMB to adopt robust climate commitments and transparent reporting practices to align with global sustainability goals. The bank's future efforts in this area will be crucial for enhancing its environmental impact and meeting stakeholder expectations.
Industry emissions intensity
Location emissions intensity
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 City Monument Bank Limited 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.
