First Horizon Bank Sustainability Profile
First Horizon Bank, headquartered in the United States, is a prominent financial institution that has been serving customers since its founding in 1864. With a strong presence in the Southeastern region, the bank operates across several states, providing a range of banking and financial services. Specialising in personal banking, commercial banking, and wealth management, First Horizon Bank distinguishes itself through its commitment to customer service and innovative financial solutions. The bank has achieved significant milestones, including its merger with Capital Bank in 2017, which expanded its footprint and enhanced its service offerings. Recognised for its stability and customer-centric approach, First Horizon Bank continues to solidify its market position, making it a trusted choice for individuals and businesses seeking reliable banking solutions.
DitchCarbon Score
How does First Horizon 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 Horizon Bank's score of 33 is higher than 53% 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 Horizon Bank's reported carbon emissions
In 2023, First Horizon Bank reported total carbon emissions of approximately 89,752,000 kg CO2e, comprising 20,501,000 kg CO2e from Scope 1 and 69,251,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2022, where total emissions were about 102,661,000 kg CO2e, with Scope 1 emissions at 28,034,000 kg CO2e and Scope 2 emissions at 74,627,000 kg CO2e. Over the past few years, First Horizon Bank has demonstrated a commitment to reducing its carbon footprint. In 2021, the bank's total emissions were approximately 121,428,000 kg CO2e, indicating a significant decrease in emissions over the subsequent years. However, there are currently no disclosed Scope 3 emissions or specific reduction targets from the Science Based Targets initiative (SBTi) or other climate pledges. First Horizon Bank's emissions data is cascaded from its parent organisation, reflecting its current subsidiary status. The bank is actively engaged in climate initiatives, although specific reduction targets have not been established. The focus remains on transparency and accountability in its emissions reporting, aligning with industry standards for climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 39,306,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 99,291,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is First Horizon Bank's Industry?
How Carbon Intensive is First Horizon Bank's Location?
First Horizon 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 Horizon 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.
