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Public Profile
Financial Intermediation
US
updated 2 months ago

First Horizon Bank Sustainability Profile

Company website

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.

25

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.

32

Industry Benchmark

First Horizon Bank's score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

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First Horizon Bank's reported carbon emissions

In 2021, First Horizon Bank reported total carbon emissions of approximately 37,788,000 kg CO2e, with Scope 1 emissions at about 7,349,000 kg CO2e and Scope 2 emissions at approximately 30,439,000 kg CO2e. This represents a decrease from 2020, when total emissions were about 42,532,000 kg CO2e, with Scope 1 at approximately 6,189,000 kg CO2e and Scope 2 at around 36,343,000 kg CO2e. In 2019, the bank's emissions were approximately 51,000,000 kg CO2e, with Scope 1 emissions of about 7,661,000 kg CO2e and Scope 2 emissions of approximately 43,639,000 kg CO2e. Despite these figures, First Horizon Bank has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from First Horizon Bank as a current subsidiary, with no additional data inherited from a parent organization. The bank's commitment to addressing climate change remains unclear, as no formal climate pledges or reduction targets have been established.

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201920202021
Scope 1
7,661,000
0,000,000
0,000,000
Scope 2
43,639,000
00,000,000
00,000,000
Scope 3
-
-
-

How Carbon Intensive is First Horizon Bank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Horizon Bank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

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

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.

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 Horizon Bank's Emissions with Industry Peers

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Updated 3 months ago

Mitsubishi UFJ Trust & Banking Corporation (U.S.A)

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Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Western Alliance Bank

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Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Regions Bank

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

BankUnited, Inc.

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

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 14 hours 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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