First US Bancshares, Inc.
First US Bancshares, Inc., often referred to as First US Bancshares, is a prominent financial institution headquartered in the United States. Established in 1985, the company has made significant strides in the banking sector, primarily serving the southeastern region of the country. Operating within the banking industry, First US Bancshares offers a range of core services, including commercial and retail banking, mortgage lending, and wealth management. What sets them apart is their commitment to personalised customer service and community engagement, fostering strong relationships with clients. With a focus on innovation and customer satisfaction, First US Bancshares has positioned itself as a reliable partner for individuals and businesses alike. The company continues to achieve notable milestones, reinforcing its reputation as a trusted financial institution in the competitive banking landscape.
DitchCarbon Score
How does First US Bancshares, Inc.'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 US Bancshares, Inc.'s score of 23 is lower than 71% 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 US Bancshares, Inc.'s reported carbon emissions
In 2022, First US Bancshares, Inc. reported total carbon emissions of approximately 38,206,300 kg CO2e for Scope 1, 9,901,600 kg CO2e for Scope 2 (market-based), and significant contributions from Scope 3 emissions, including 23,206,200 kg CO2e from business travel, 55,642,400 kg CO2e from employee commuting, and 22,911,500 kg CO2e from downstream leased assets. The total emissions from waste generated in operations amounted to 6,325,800 kg CO2e. Comparatively, in 2014, the company had higher emissions, with Scope 1 at 60,412,000 kg CO2e and Scope 2 (market-based) at 354,799,000 kg CO2e. Scope 3 emissions during that year included 24,629,000 kg CO2e from business travel and 63,399,000 kg CO2e from downstream leased assets, alongside 26,387,000 kg CO2e from waste generated in operations. Despite these figures, First US Bancshares, Inc. has not set specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a need for further development in their sustainability strategy. The company has not cascaded emissions data from any parent organisation, maintaining an independent reporting structure.
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 US Bancshares, Inc. 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.
