First Community Bank Sustainability Profile
First Community Bank, headquartered in the United States, is a prominent player in the banking industry, offering a comprehensive range of financial services. Established in 1997, the bank has grown significantly, serving communities across several states with a commitment to personalised banking solutions. Specialising in retail banking, commercial lending, and wealth management, First Community Bank distinguishes itself through its customer-centric approach and innovative financial products. The bank's core offerings include checking and savings accounts, loans, and investment services, all designed to meet the diverse needs of its clientele. With a strong market position, First Community Bank has garnered recognition for its exceptional customer service and community involvement, making it a trusted choice for individuals and businesses alike. As it continues to expand its footprint, the bank remains dedicated to fostering financial growth and stability in the regions it serves.
DitchCarbon Score
How does First Community Bank'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 Community Bank's score of 29 is higher than 50% 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 Community Bank, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not detailed, indicating a lack of established targets or pledges at this time. However, it is important to note that First Community Bank's emissions data and performance may be influenced by its corporate family relationship with U.S. Bank National Association, from which it inherits performance metrics. This cascading relationship suggests that while First Community Bank may not have direct emissions data, it is part of a larger entity that may have established climate strategies and performance benchmarks. As of now, First Community Bank has not publicly committed to any specific science-based targets or reduction initiatives, which places it in a broader context of the banking industry's ongoing efforts to address climate change. The absence of emissions data and reduction targets highlights an opportunity for the bank to enhance its sustainability practices and align with industry standards for climate action.
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| 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 60,412,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 354,799,000 | - | - | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 114,415,000 | - | - | - | 00,000,000 | 00,000,000 | - | 000,000,000 |
How Carbon Intensive is First Community Bank's Industry?
How Carbon Intensive is First Community Bank's Location?
First Community Bank's Scope 3 Categories Breakdown
First Community Bank's Scope 3 emissions, which increased by 67% last year and increased by approximately 21% since 2014, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 41% of Scope 3 emissions.
Top Scope 3 Categories
First Community Bank'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 Community Bank 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.
