First Financial Bankshares, Inc. Sustainability Profile
First Financial Bankshares, Inc., commonly referred to as First Financial Bank, is a prominent financial institution headquartered in the United States. Established in 1890, the bank has a rich history of serving communities across Texas and New Mexico, focusing on providing personalised banking solutions. Operating primarily in the banking and financial services industry, First Financial Bank offers a diverse range of products, including personal and commercial banking, wealth management, and mortgage services. What sets them apart is their commitment to customer service and community involvement, fostering long-term relationships with clients. With a strong market position, First Financial Bank has achieved notable milestones, including consistent growth in assets and a reputation for financial stability. Their dedication to innovation and customer satisfaction continues to solidify their status as a trusted banking partner in the regions they serve.
DitchCarbon Score
How does First Financial 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 Financial Bankshares, Inc.'s score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
First Financial Bankshares, Inc.'s reported carbon emissions
First Financial Bankshares, Inc., headquartered in the US, has made significant commitments towards reducing its carbon emissions. As of 2023, the bank has set ambitious targets to achieve net zero emissions across all scopes by 2050. This long-term commitment reflects a proactive approach to climate action. In the near term, First Financial Bankshares has established specific reduction targets for its Scope 1 and Scope 2 emissions. For 2023, the bank aims to reduce its Scope 1 emissions by approximately 1.5% from 2022 levels, targeting a reduction to about 267.47 tonnes CO2e. Additionally, the bank has set a more aggressive target for Scope 2 emissions, aiming for a reduction of about 10.8%, which would bring emissions down to approximately 2,528.66 tonnes CO2e. While the bank has not disclosed specific emissions data for recent years, its commitment to reducing emissions and achieving net zero by 2050 positions it as a responsible player in the financial sector, aligning with global climate goals.
How Carbon Intensive is First Financial Bankshares, Inc.'s Industry?
How Carbon Intensive is First Financial Bankshares, Inc.'s Location?
First Financial 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 Financial 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.
