First Horizon Corporation Sustainability Profile
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 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 Corporation's reported carbon emissions
In 2023, First Horizon Corporation 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 has demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from approximately 121,428,000 kg CO2e in 2021 and 122,734,000 kg CO2e in 2020. However, the company has not disclosed any Scope 3 emissions data or specific reduction targets, such as those aligned with the Science Based Targets initiative (SBTi). First Horizon's climate commitments are currently not detailed in terms of specific reduction initiatives or pledges. The emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of First Horizon Corporation's own operations.
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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 Corporation's Industry?
How Carbon Intensive is First Horizon Corporation's Location?
First Horizon Corporation'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 Corporation 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.
