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Public Profile
Financial Intermediation
US
updated a month ago

First Community Bankshares, Inc. Sustainability Profile

Company website

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.

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.

29

Industry Benchmark

First Community Bankshares, Inc.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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First Community Bankshares, Inc.'s reported carbon emissions

First Community Bankshares, Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a result, First Community Bankshares, Inc. does not appear to have established any significant climate commitments or initiatives aimed at reducing its carbon footprint. This lack of data may reflect a broader trend within the banking sector, where many institutions are still in the early stages of developing comprehensive sustainability strategies. Without specific emissions data or reduction targets, it is challenging to assess the company's environmental impact or commitment to climate action.

How Carbon Intensive is First Community Bankshares, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Community Bankshares, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is First Community Bankshares, Inc.'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 Community Bankshares, Inc. is in US, which has a low grid carbon intensity relative to other regions.

First Community Bankshares, Inc.'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 Bankshares, Inc. 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 Community Bankshares, Inc.'s Emissions with Industry Peers

MVB Financial Corp.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Truist

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Zions Bancorporation

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Carter Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Sterling Financial Corporation

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

Bank Of America

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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