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Public Profile
Financial Intermediation
US
updated 24 days ago

First Niagara Bank, National Association Sustainability Profile

Company website

First Niagara Bank, National Association, headquartered in the United States, is a prominent player in the banking industry, primarily serving the Northeastern region. Founded in 1870, the bank has a rich history marked by significant milestones, including its expansion into various financial services. Specialising in retail banking, commercial banking, and wealth management, First Niagara Bank distinguishes itself through personalised customer service and innovative financial solutions. Its core offerings include checking and savings accounts, loans, and investment services, tailored to meet the diverse needs of its clientele. With a strong market position, First Niagara Bank has garnered recognition for its commitment to community engagement and financial literacy, solidifying its reputation as a trusted financial partner in the regions it serves.

DitchCarbon Score

How does First Niagara Bank, National Association'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.

46

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.

29

Industry Benchmark

First Niagara Bank, National Association's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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First Niagara Bank, National Association's reported carbon emissions

Inherited from KeyCorp

First Niagara Bank, National Association, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are inherited from its parent company, KeyCorp, through a merged entity relationship. As a cascaded entity, First Niagara Bank aligns its climate strategy with KeyCorp's sustainability efforts. However, no specific reduction targets or climate pledges have been detailed for First Niagara Bank itself. The absence of direct emissions data suggests that the bank may be in the early stages of developing its own climate commitments or reporting framework. In summary, while First Niagara Bank, National Association does not provide specific emissions data or reduction targets, it is linked to KeyCorp's broader climate initiatives, which may influence its future sustainability strategies.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20112012201320142015201620172018201920202021202220232024
Scope 1
77,029,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
-
-
-
Scope 2
48,239,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
14,027,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is First Niagara Bank, National Association's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Niagara Bank, National Association's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

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

First Niagara Bank, National Association's Scope 3 Categories Breakdown

First Niagara Bank, National Association's Scope 3 emissions, which decreased by 5% last year and increased by approximately 311% since 2011, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 60% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 36% of Scope 3 emissions.

Top Scope 3 Categories

2024
Employee Commuting
36%
Business Travel
22%
Upstream Transportation & Distribution
15%
Upstream Leased Assets
8%
Capital Goods
7%
Fuel and Energy Related Activities
5%
Purchased Goods and Services
4%
Waste Generated in Operations
2%

First Niagara Bank, National Association'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 Niagara Bank, National Association 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

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