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 25 is lower than 61% 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 2021, First Horizon Bank reported total carbon emissions of approximately 37,788,000 kg CO2e, a decrease from about 42,532,000 kg CO2e in 2020. The emissions breakdown for 2021 includes about 7,349,000 kg CO2e from Scope 1 and approximately 30,439,000 kg CO2e from Scope 2 emissions. Notably, First Horizon Bank does not currently disclose Scope 3 emissions data. Despite the reduction in total emissions, there are no specific reduction targets or initiatives outlined in their climate commitments. The bank's emissions data is cascaded from its parent organisation, First Horizon Bank, indicating a corporate family relationship that influences its sustainability reporting. First Horizon Bank's commitment to addressing climate change is evident through its participation in various initiatives, although specific targets such as those from the Science Based Targets initiative (SBTi) are not currently established. The bank continues to monitor and report its emissions as part of its corporate social responsibility efforts.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 6,189,000 | 0,000,000 |
| Scope 2 | 36,343,000 | 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.
