Firstrand
FirstRand Limited, commonly known as FirstRand, is a leading financial services group headquartered in South Africa (ZA). Established in 1998, the company has grown to become a prominent player in the banking and financial services industry, with significant operations across Southern Africa and select international markets. FirstRand offers a diverse range of products and services, including retail and commercial banking, investment banking, and insurance solutions. Its unique approach combines innovative technology with customer-centric services, setting it apart in a competitive landscape. The group is renowned for its strong market position, consistently achieving notable milestones, such as being one of the largest financial institutions in Africa. With a commitment to sustainable growth and community development, FirstRand continues to enhance its reputation as a trusted financial partner, driving economic progress in the regions it serves.
DitchCarbon Score
How does Firstrand'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
Firstrand's score of 20 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Firstrand's reported carbon emissions
In 2023, FirstRand reported total emissions of approximately 1,775,000,000 kg CO2e for Scope 1 and 2 combined. This figure reflects their ongoing commitment to monitoring and managing their carbon footprint. In 2022, their emissions for Scope 1 were about 163,409,000 kg CO2e, while Scope 3 emissions were approximately 13,000,000,000 kg CO2e. In 2021, FirstRand's emissions included approximately 173,268,000 kg CO2e for Scope 1, 153,267,700 kg CO2e for Scope 2, and around 14,000,000,000 kg CO2e for Scope 3. The company has not disclosed specific reduction targets or initiatives, indicating a potential area for future commitment. FirstRand's emissions data highlights the significant impact of their operations, particularly in Scope 3, which encompasses indirect emissions from their value chain. As they continue to navigate their climate commitments, the focus on transparency and accountability will be crucial in addressing their overall carbon emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 166,907,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | 171,061,130 | 000,000,000 | - | - |
| Scope 3 | 15,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
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.
Firstrand is not committed to any reduction initiatives 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.
