FirstRand Bank Limited
FirstRand Bank Limited, a prominent financial institution headquartered in South Africa (ZA), has established itself as a leader in the banking sector since its inception in 1998. With a strong presence across Southern Africa and select international markets, FirstRand operates primarily in the retail, commercial, and investment banking industries. The bank offers a diverse range of core products and services, including personal and business banking, wealth management, and insurance solutions, distinguished by their customer-centric approach and innovative technology. FirstRand's commitment to excellence has earned it numerous accolades, solidifying its position as one of the largest financial services groups in Africa. With a focus on sustainable growth and community development, FirstRand continues to set benchmarks in the banking landscape.
DitchCarbon Score
How does FirstRand Bank Limited'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 Bank Limited's score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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FirstRand Bank Limited, headquartered in South Africa (ZA), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of FirstRand Limited, which may influence its climate commitments and reporting practices. While FirstRand Bank Limited has not established specific reduction targets or initiatives, it is important to note that emissions data and performance metrics may be inherited from its parent company, FirstRand Limited. This relationship suggests that any climate commitments or emissions reductions may be aligned with the broader strategies of FirstRand Limited. As of now, FirstRand Bank Limited has not publicly committed to any specific climate pledges or initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The lack of detailed emissions data and reduction targets indicates that the bank may still be in the early stages of developing its climate strategy. In summary, FirstRand Bank Limited's current climate commitments and carbon emissions data remain unspecified, with potential insights to be drawn from its parent company, FirstRand Limited.
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Access structured emissions data, company-specific emission factors, and source documents
| 2008 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 67,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | - | - |
| Scope 3 | 144,000 | 00,000,000 | 0,000,000 | - | - |
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 Bank Limited 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.
