First Community Bankshares, Inc.
First Community Bankshares, Inc., commonly known as First Community Bank, is a prominent financial institution headquartered in the United States. Established in 1874, the bank has a rich history of serving communities across Virginia, West Virginia, and Kentucky. Operating within the banking industry, First Community Bank focuses on providing a comprehensive range of financial services, including personal and commercial banking, mortgage lending, and wealth management. What sets First Community Bank apart is its commitment to personalised customer service and community engagement, fostering strong relationships with clients. The bank has achieved notable milestones, including consistent growth in assets and a solid market position within its operational regions. With a dedication to innovation and community support, First Community Bank continues to be a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does First Community Bankshares, Inc.'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 Bankshares, Inc.'s score of 23 is lower than 70% 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 Bankshares, Inc.'s reported carbon emissions
In 2019, First Community Bankshares, Inc. reported carbon emissions of approximately 170,000 kg CO2e, all of which fall under Scope 1 emissions. This represents a significant reduction from 2018, when emissions were about 416,000 kg CO2e, and from 2017, which recorded approximately 283,000 kg CO2e. The bank has not disclosed any Scope 2 or Scope 3 emissions data. Despite these reductions, First Community Bankshares, Inc. has not set any formal reduction targets or climate pledges, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of specific climate commitments indicates a potential area for growth in their sustainability strategy. Overall, while the bank has made strides in reducing its direct emissions, further transparency and commitment to broader climate initiatives could enhance its environmental impact and align with industry standards.
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| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | 283,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
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 Community Bankshares, Inc. 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.
