First Horizon Corporation
First Horizon Corporation, a prominent financial services provider, is headquartered in the United States and operates primarily in the southeastern region. Founded in 1864, the company has evolved significantly, marking key milestones such as its merger with Capital Bank in 2017, which expanded its footprint and service offerings. Specialising in banking, investment, and insurance services, First Horizon is known for its commitment to customer-centric solutions and innovative financial products. The company’s unique approach combines local expertise with advanced technology, ensuring tailored services for both individual and business clients. With a strong market position, First Horizon has received numerous accolades for its financial performance and community engagement, solidifying its reputation as a trusted partner in the financial industry.
DitchCarbon Score
How does First Horizon Corporation'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 Corporation's score of 27 is lower than 51% 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 Corporation's reported carbon emissions
In 2023, First Horizon Corporation reported total carbon emissions of approximately 69,251,000 kg CO2e from Scope 2 and about 20,501,000 kg CO2e from Scope 1, resulting in a combined total of around 89,752,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 74,627,000 kg CO2e for Scope 2 and about 28,034,000 kg CO2e for Scope 1, leading to a total of around 102,661,000 kg CO2e. Over the past few years, First Horizon has demonstrated a commitment to reducing its carbon footprint. In 2021, the corporation's emissions were approximately 82,938,000 kg CO2e from Scope 2 and about 38,490,000 kg CO2e from Scope 1, totalling around 121,428,000 kg CO2e. This indicates a significant decrease in emissions over the years, showcasing their efforts towards sustainability. However, First Horizon has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data suggests a potential area for future reporting and commitment. Overall, First Horizon's emissions data reflects a proactive approach to climate commitments, although further transparency regarding reduction strategies 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 Corporation 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.
