First Horizon Bank
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 58% 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 20,501,000 kg CO2e for Scope 1 and about 69,251,000 kg CO2e for Scope 2, resulting in a combined total of around 89,752,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 28,034,000 kg CO2e for Scope 1 and 74,627,000 kg CO2e for Scope 2, leading to a total of about 102,661,000 kg CO2e. Over the past few years, First Horizon Bank has demonstrated a commitment to reducing its carbon footprint. In 2021, the bank's emissions were approximately 38,490,000 kg CO2e for Scope 1 and 82,938,000 kg CO2e for Scope 2, totalling around 121,428,000 kg CO2e. The trend indicates a significant decrease in emissions, particularly in Scope 1, which saw a reduction of about 7,829,000 kg CO2e from 2021 to 2023. Despite these reductions, First Horizon Bank has not disclosed any specific reduction targets or initiatives through 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 organisation. Overall, First Horizon Bank's emissions data reflects a proactive approach to climate commitments, although further transparency regarding specific reduction targets would enhance their sustainability profile.
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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 | - | - | - | - | - |
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 Horizon Bank 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.
